Jeff S.
Reserve Studies going bonkers
18 November 2024 | 2 replies
Since reserve studies attempt to forecast replacement costs of items over a 30 year period they are having to recalibrate since the reserves they are now using did not use the latest increase in construction costs.
Sendil Thangavelu
Tenant Eviction case--Ocala, FL
18 November 2024 | 13 replies
If they have not done those two items, there should be no reason why the courts will holdup the eviction.
Jake Hughes
Cost Segregation Study
17 November 2024 | 7 replies
A cost segregation study looks at the overall building that you purchased and breaks it down as much as possible.The purpose of this is to increase the depreciation expense.Without a cost segregation study, you are depreciating the property over two items(Building and Land).However, a cost segregation study might identify items such as fencing which might be eligible to be depreciated over 15 years instead of 27.5 years.Depending on the year that the building was placed into service, you might be able to take bonus depreciation on certain items.The follow-up question to ask your CPA is will the cost segregation study help me, and by how much?
Madelyn Felix
Remote property access and cameras for self-guided tours?
20 November 2024 | 23 replies
If you're planning on utilizing a self-showing model with cameras you'll need to make sure you disclose to prospective tenants viewing the property that there are cameras on premise.At scale, we've coordinated 160,000+ on-demand/self showings with smart lockboxes over the past 5 almost 6 years with very few issues.
Larry Nielsen
Typical Monthly Cash Flow / Best US Markets
12 November 2024 | 10 replies
The financial model does not work long-term.
Marc Shin
best way to set up and furnish an STR from long distance
15 November 2024 | 5 replies
Rent a storage unit in a nearby town, ship all items to storage unit, pay someone to then use the items to furnish the home or make a weekend trip
Steve Holt
Is BongoStays legit?
12 November 2024 | 47 replies
It was an up front payment to receive the modeled layout of the home, and they had an individual go to the house to do the mock ups.
Robert Ok
Rent-to-Own/Lease Option UpFront Costs - How Not To Pay Out of Pocket
16 November 2024 | 4 replies
Specifically for the rent-to-own model do you know which components go into determining "strength of the deal"?
Brandon S.
Home Team Vacation Rentals VR Reviews - Has anyone used them?
15 November 2024 | 16 replies
I had a intro call with them on Friday and their business model sounds amazing, but maybe too amazing.
Sheldon D. Cummings
Mr. Texas Real Estate Investment Company
16 November 2024 | 4 replies
A business model that has always made sense to me is teaching people how to find good deals and have them bring them to me for more critical evaluation and execution where I invest my capital beside yours.