Russ Desatoff
Tips for Finding a Renter?
15 November 2024 | 12 replies
I am putting it up on Facebook, Craigslist, etc. but is there anything else a newbie can utilize that you have found success with?
Nevin Wilkie
What vinyl Flooring does everybody use?
13 November 2024 | 5 replies
Look for brands like LifeProof, COREtec, or Shaw, with a 12–20 mil wear layer to handle heavy traffic. $2-4 per sf.Rigid Core Vinyl: This material is available in SPC (stone polymer composite) and WPC (wood polymer composite) types.
Derek States
Land owner in Waynesville, MO
15 November 2024 | 1 reply
I spent 2.5 years getting all the utilities to the property.
Kay S.
What would you recommend? Divorcing, unemployed, house not selling
20 November 2024 | 11 replies
Trying to manage a $1M Airbnb rental while it sounds good you got $6500 in bookings you still have significant costs to operate it with maintenance repairs, utilities etc.
Tom Dean
BRRR price point and finding deals in OKC?
14 November 2024 | 5 replies
I would just recommend choosing a property that doesn't need heavy rehab.
Rud Sev
Carry back or forward loss from sale of real estate
19 November 2024 | 6 replies
This explains why your taxable income was zeroed out on Form 1040, even if the standard deduction wasn’t utilized.
Anna Thanopoulou
First year depreciation in STR
19 November 2024 | 7 replies
Assuming you don’t meet the 500 hour test, you will likely need to document the time of others spent working on your property.In addition, you need to have guests at your property as well.Until you are 100% sure you can utilize the short term rental loophole, I’d wait to do the cost segregation study.
Ashley Mierez
Why don't agents and investors like wholesalers??
26 November 2024 | 25 replies
The thinking on this is that although the buyer utilizes what appears to be a purchase contract, it is actually being used as a purchase OPTION, and as such an option contract which clarifies that the purchaser is actually obtaining an option to buy should be used.
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.
Scott Champion
I have $200,000.00 cash to invest.
21 November 2024 | 20 replies
If your credit is decent then I would utilize your cash as leverage to leverage:1.