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Results (10,000+)
Apar Bains Lease problem for a new property
1 August 2024 | 12 replies
@Apar Bains  and you have a boarding house license and/or there are no limits to the number of unrelated persons in your area? 
Charleen Nicole Russo Puerto Rico investing help please!
2 August 2024 | 7 replies
I'll never give you any BS.Purchasing in PR can be complicated so I strive in making the process above board.
Alex U. Real estate professional status
3 August 2024 | 16 replies
Quote from @Jason Watson: Michael is right...This is how every comment on this board should start  ;) 
David H. What are Legal Tax Deductions for a Rental Arbitrage LLC when Renovating a Property?
1 August 2024 | 4 replies
Upgrades/repairs include:flooring (tile and carpet, entire house), painting (entire house), complete kitchen renovation with new appliances, cabinets, sink, lightingcomplete bathroom renovationsupgrade/replace ACupgrade/replace existing hot tub  upgrade/replace furniture/bedsupgrade/replace old pier with newadd new kayaks, paddle boards, and bikesI am thinking anything that is removable (furniture, appliances, water toys, bikes, pier, etc) could qualify as an asset for the LLC and thus be used as a tax expense for the LLC.  
Charles Sanchis Database, CRM, etc. - options and any all in one platforms
2 August 2024 | 16 replies
A company recently pitched me their branded CRM which turned out to be High Level (https://www.gohighlevel.com/vg2) however, the reviews for High Level are not great so I am back to the drawing board
Chet Freeman Has anyone had success with Fund that flip?
2 August 2024 | 10 replies
I sit on the Board of Advisors for FTF, and have invested in more than a half-dozen deals (average investment of $25K) in the past 18 months. 
Mike McGee Least seasonal STR market in FL?
2 August 2024 | 15 replies
You can find rental restrictions on the Pinellas County Board of Realtors site... https://pinellasrealtor.org/short-term-rentals/...It also has Hillsborough and Pasco County.
Engelo Rumora ATTENTION PROPERTY MANAGERS ‼️ I Need Your Help
1 August 2024 | 71 replies
G'Day everyone,The team (@Dominique Osborn, @Sean Mahoney) and myself have an opportunity to on-board 189 units.This would be a very nice "chunk" of new business but to be honest, I'm inclined to pass.I have always believed in doing business on your terms and for terms not to be dictated by someone else.Especially when you are looking to hire us/me to do the work for you.Also, business done right needs to be a win/win for all involved and this doesn't seem like a win for us.I do however understand the caution and reluctancy to "let go of the reigns" per se as many landlords get screwed by property managers.But at the end of the day, you have to "let go" and let someone else do it or just do it all yourself.I'd love your advice on the suggested terms given to us below:1) In AppFolio they want admin level access to their account.2) They want a standardized list for maintenance items so they know in advance what repairs would cost.3) They want a copy of all invoices from contractors to us so they can verify we are not marking up more than promised.4) They want to be able to talk to our contractors before work is done (each time) so they can talk contractors down in price themselves.5) They mentioned that they pay around $300 for full paint in a 2-bedroom unit.... we do not have a contractor that will touch a full paint on a 2 bedroom for $3006) They want tiered PM Fees based on occupancy.... for example (their example): at 90% they would pay 8% PM fees, at 70% occupancy they would pay 2% PM Fees, and at 50% occupancy we would part ways.The deal breaker in my opinion is points 4, 5 and 6.With the lack of oversight/control on maintenance we have little control over the occupancy and it kills our process and efficiency.So in a way, we are destined to fail from day 1.Also, if someone does want so much control why not just self manage.The unit count justifies hiring 1-2 full time people to run it.Otherwise, let us do our job.
Account Closed Quitting everything for full-time investing, big mistake?
2 August 2024 | 19 replies
I also volunteer my time as a board member of the RPA (Rental Property Association of Wisconsin), a non-profit REIA and we focus on education, landlord-tenant law and lobbying on behalf of landlords in Madison.Networking is important especially in the beginning, because it gives you confidence to see other people's success when you are getting started.
Don Konipol Have Real Estate Investor Association Groups Played a Role in Your Success
2 August 2024 | 21 replies
I would blame that on the board or whomever is the one making the decisions on who speaks at these events.