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8 October 2024 | 16 replies
Here are a few of my top tips for making your property pet-friendly:Research local pet fees: Ensure your pet fees are competitive while still allowing you to cover potential wear and tear and make a profit.Set a pet limit: Specify the maximum number of pets allowed on your short-term rental platforms and highlight this in multiple areas of your listing, including your property rules.Provide pet essentials: Invest in items like a large dog crate and pet food bowls for guest use.Create clear pet rules: Share these rules with guests during check-in.
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6 October 2024 | 1 reply
You're absolutely right, creativity is essential to make deals work in this environment, and building from the ground up, especially in high-demand areas like Raleigh, can be a great solution.Your current project sounds like a smart move, particularly with the zoning for a duplex and ADUs.
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3 October 2024 | 6 replies
This add an element of unpredictability.
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8 October 2024 | 12 replies
If you sign a contract with compensation for these agents and vendors to assist your portfolio....well, then, you've essentially done the same thing as a PM but with more contracts and relationships to manage.Specifically answering your questions:1.
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7 October 2024 | 24 replies
QuickBooks Online has four different levels:QuickBooks Online offers four plans—Simple Start, Essentials, Plus, and Advanced.
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7 October 2024 | 38 replies
There is some element of timing when getting pricing.
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7 October 2024 | 9 replies
Since Nassau County home prices are high, ensuring there’s enough room for profit after the flip is essential, especially considering the potential family dynamics and the costs involved.It’s definitely doable, but being upfront with the family and working with an estate attorney are key to making this work for everyone.
5 October 2024 | 10 replies
Dealing with challenging individuals can be frustrating, but it’s essential to approach the situation professionally.
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5 October 2024 | 2 replies
Additionally, the limited rental period may not significantly impact the gain, but it’s essential to confirm whether any prorated exclusion applies or if the IRS rules regarding converting a primary residence into a rental property could affect the tax owed.
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7 October 2024 | 12 replies
This documentation will be essential if you decide to pursue legal action.3.