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Results (10,000+)
Michael Wentzel Cost of tax preparation? $100 per property?
17 May 2024 | 8 replies
I’ve paid between $1500 and $1900 for 10-13 properties over the last 20 years.
Angela Tod Review of Soli Cayetano's (Lattes & Leases) Private Money Playbook Course
17 May 2024 | 2 replies
The ROI / punchline: I've already 100x'ed this investment, i.e. it's paid itself back 100x overShe did not ask for this review, but I had such a positive experience that I had to make the time to write it.
Rebecca Schnur Stessa versus Others
17 May 2024 | 2 replies
While this affiliation might bring certain advantages like integration and streamlined services, it’s also worth noting that many tech entrants in the property management sphere sometimes miss the intricacies of real estate management, focusing heavily on financial aspects instead.If you're looking for alternatives, you might want to consider other established platforms that specialize in property management, like AppFolio or Buildium, which are paid services but widely recognized for their comprehensive features and security measures.
Andre M. How much do you expect out of your snowbirds on the Gulf Coast?
16 May 2024 | 11 replies
Their rent covers about 2/3 of our monthly expenses.
Robert Clifford Have you used a Performance Deed
16 May 2024 | 14 replies
I am in the process of doing a foreclosure in SC right now and it is long and pretty expensive (this was a NPL I purchased).  
Christina Marchese Down Payment Assistance or Lender 100% financing
17 May 2024 | 4 replies
Even if you have money for the 20% down, it's not wise to spend your last dime making that down payment and leaving yourself vulnerable to losses from a bad tenant or maintenance costs.If you want to be a successful investor, increase your earnings, reduce your expenses, save up, and buy wisely. 
Shaunta M. Windows in property
17 May 2024 | 14 replies
In the grand scheme of things, yes, you should eventually replace the windows so 1) They operate properly. 2) It doesn't turn away potential tenants or cause maintenance hassles when a new one moves in.3) Tenants have proper egress in case of an emergency (like fire).Now, windows are expensive, so you'll have to decide how much you're willing to spend, based on how much income the property is bringing in.
Marek J. After tax return question
15 May 2024 | 8 replies
Just checking my math.This is obviously after all expense , depreciation, cost set, property tax write offs, 20% etc.my question is are my assumptions correct? 
Dan C. Cleaning Fee for Slow Season and Short Stays
18 May 2024 | 14 replies
Worth it IMHO.I agree with @John Underwood that it shouldn't make too much of a difference.You can always charge the guests less and then expense the difference.
Bob Bates Management software recommendations
17 May 2024 | 1 reply
I've used Quickbooks for years but it isn't really tailored for rentals and has become very expensive.