Daniel Denning
STR Panama City Beach FL
8 December 2022 | 3 replies
New furnishings, paint, light fixtures, mural, cleaned up outdoor space, etc.
Frankie Betancourt
Has Anyone bought Bank Owned Propertites?
8 January 2023 | 7 replies
Special warranty deed implies that there will be a title search, clean title, and title insurance provided at the closing table.
Heather Brown
Chesapeake VA Is my rent ask too high??
2 January 2023 | 17 replies
I have tried lots of things to help; posting on additional sites, opting to allow pets when I didn't initially, lowering the rent by $200; lowering the cleaning fee, etc.Opinions welcomed and I know this is dependent on a lot of factors.It's a 2BR 2.5BA townhouse, lakefront, convenient central location, safe neighborhood, completely and newly furnished, TV's, W/D, fully stocked kitchen, king size bed, deck and balcony overlooking lake, professional photos, video walkthrough.Utilities all included along with furnishings.MTR, so month to month leasing option.I initially listed it for $3000/month, then lowered it to $2800 a few weeks ago.Is it too high still do you think?
Jason Carrillo
Headache-resistant cash flow markets: how do you mitigate?
31 December 2022 | 15 replies
Outside of Boulder City, I've had to evict, clean up crazy messes (think hoarders), had people skip out and deal with whiners.
Shiloh Lundahl
Closed on 2nd Property in Costa Rica and Listing it on Airbnb
5 December 2022 | 11 replies
Basically you get rid of your operating deductions and file on a Schedule C vs Schedule E.Here is an excerpt from an IRS document - https://www.irs.gov/publicatio...Schedule C (Form 1040), Profit or Loss From BusinessGenerally, Schedule C is used when you provide substantial services in conjunction with the property or the rental is part of a trade or business as a real estate dealer.Providing substantial services.If you provide substantial services that are primarily for your tenant's convenience, such as regular cleaning, changing linen, or maid service, you report your rental income and expenses on Schedule C.
Daniel Domer
Alternative to Lockbox/Smart Lock. HOA wont allow it
3 December 2022 | 20 replies
Who does your cleaning?
Taylor Witt
What are we seeing for values? Lease & Cap rate
6 December 2022 | 4 replies
Below are some more details and a few questions.PROPERTY/LEASE-rural Minnesota town (around 5k people population)-built in 1974-property is in good condition, right on the main street-10 units ranging in sqft-1 unit on a 3 year lease, 7 are on a month-to-month lease (not sure how long they've all been there), and 2 are vacant (yearly rent for these 2 open units combined would be around $22,000)-there is room for about a 5% increase in fair market rent for the units on a month-to-month lease-the expenses paid by the owner are taxes, insurance, utilities, snow removal, cleaning the common areas and minimal maintenance-yearly rent $133,560-yearly NOI of $103,447QUESTIONS-what are people seeing for office/retail CAP rates?
Bruce Woodruff
Could use a little advice....
14 November 2022 | 74 replies
Our cleaning fee is only $65.
Cathy Malmrose
Took possession, sellers haven't moved
24 November 2022 | 8 replies
The realtor ended up handeling it after I basically said (and made it very clearn) this was her mess and according to my attorney she needed to clean it up.