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17 June 2024 | 11 replies
I recommend you stop partnering with so many different people.
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17 June 2024 | 8 replies
Even with a turnkey, I'd recommend doing your due diligence, getting a full inspection and sewer line scope and if possible physically walking the property yourself if OOS.
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17 June 2024 | 3 replies
Talk with your Accountant but generally it is recommended you don't pay yourself payroll inside your Self Storage.
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14 June 2024 | 4 replies
I’ve Identified several locations within my region that, based on the trends in residential development seem to be under supplied and positioned to be great potential locations for new climate control self storage.
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18 June 2024 | 121 replies
Just like the recommend when I need funding I use CiX.com and don't go through lenders from the "Discussion" board.
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16 June 2024 | 9 replies
@Bat-Erdene ChagnaaGiven Seattle's every changing lovely landlord laws I'd recommend getting to know https://www.rhawa.org/They have great information and forms for you to use.
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19 June 2024 | 32 replies
As for taxes, I'd recommend connecting with a CPA or tax attorney who has experience with rental properties held in LLCs.
16 June 2024 | 5 replies
We listed on Apartments.com for their management tools (saw it recommended in a thread on here).
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13 June 2024 | 0 replies
Inventory is now very substantially above the extreme lows seen in recent years, when inventory in the Austin area fell below 1 month (very extreme imbalance between demand and supply) for a sustained period.Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single family home in the City of Austin over the past two years:The median price for a single-family home in May 2024 was down roughly 10% from May 2022, which was the most recent pricing peak in the Austin market.For some context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, pricing Austin is still substantially above pre-pandemic levels.
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17 June 2024 | 4 replies
If they insist on taking you to court, get your documentation together, demonstrate the damages they caused, let the court know you offered a full refund, and hope the court has mercy on you and doesn't charge you the full three months.If you want to avoid problems like this in the future, I recommend you start educating yourself on how to follow the law and handle problems.