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10 May 2024 | 36 replies
I know the owners and they are both great guys and more importantly they are honest and full of integrity.
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10 May 2024 | 15 replies
.• Over the course of the year new company will be paid $5k for services from rental income.• Schedule C shows $5k (and payments are shown as expense on rental side.)• 15.9% of $5k paid for Self Employment (apx. $800.00) (note this would be less than ordinary income paid otherwise, plus 50% of SE tax is a deduction.)• $4,200 contributed to solo traditional 401, then converted to Roth.
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10 May 2024 | 15 replies
@Daniel Dass I'm a Canadian who moved to Florida to invest full-time down here about 5 years ago.
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9 May 2024 | 6 replies
I'd urge anyone who's going to buy a multi-hundred-thousand-dollar asset to throw down $100 (or whatever it costs) to get the full data.If I didn't already have a full AirDNA subscription, I'd be advising my Colorado STR clients to do so.
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7 May 2024 | 3 replies
Hello, I would like to find out from the investors with medium to large portfolios of rental properties (preferably 10 units and higher) if they use any home warranty or service contract for property maintenance.
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9 May 2024 | 4 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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9 May 2024 | 28 replies
Home insurance is not designed or priced to replace roofs every 5-10 years and then to double down and say that doing so doesn't affect pricing is just nonsense.The roofing practices you mentioned end up getting legislated out of existence (see Florida) because they're untenable.I agree the original poster should explore every avenue but there's no way a legit roofing company is going to be able to "turn this around on the insurance company" in this scenario.
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9 May 2024 | 5 replies
Do you offer cold-calling services, through your call center, to other investors?
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10 May 2024 | 13 replies
I have them check it to make sure it isn't full of crap and check the propane.
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9 May 2024 | 11 replies
After I had spent $15k cash and almost two months full time and the listing was almost ready to sell, they said we don’t need you anymore.