Eric Fernwood
September Las Vegas Rental Market Update
25 September 2024 | 1 reply
There, you'll find detailed information on investing—both in general and specifically in Las Vegas.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes ALL property types and price ranges.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents had another slight drop MoM ($1.18/SF vs $1.19/SF).
Treasure Soe
Struggling with Airbnb Arbitrage: Need Advice on Convincing Landlords
26 September 2024 | 3 replies
I included in the proposal the benefits for the landlords, such as no worries for vacancies, a 5% profit share on top of the rental rate and the provision of a professional cleaning team for their property.
Henry Bagh
Need a Property Manager in Cleveland (Section 8)
18 September 2024 | 5 replies
Hello, I am looking for a recommendation for a property manager (preferably an individual) who can manage multiple properties in the Cleveland, OH area.
Craig McCarter
Tenant wants to terminate lease early, should I make them pay the entire penalty?
18 September 2024 | 5 replies
They are a young engaged couple, and we actually have a few acquaintances in common (a connection we discovered when they were moving in).
Ahmed Alswaiti
Is Q3 the perfect time to buy your next investment property?
19 September 2024 | 3 replies
With less demand, sellers may be more motivated to offload properties, especially those facing higher holding costs due to rising interest rates.Also, the election season plays a major role with what's going on.
Micah Loewen
Tenant paying for garbage collection?
26 September 2024 | 3 replies
@Micah Loewen I only pay for one dumpster out of 8 properties.
Ting Liu
how to split capital gain tax with partner
26 September 2024 | 9 replies
This can be fairly straightforward, depending on your agreement and if a partnership return was ever filed, you'll want to report half or your portion of the basis in the property as well as half the sale price minus expenses.
Jennifer S.
One Electric Meter for Two Units
17 September 2024 | 24 replies
I'm not purchasing this property at a discount so I want to make sure it's worth it.
Melissa Claypool
Mentor program Joel Snagerman
28 September 2024 | 17 replies
Well, my advice is that if you can't find information or reviews on a person, program or property, then it's probably not a good sign.
Oladosu Segun
What do l need to do to prevent Tenant messing up the property
19 September 2024 | 6 replies
Hello , l am just starting to rent a property out to section 8 tenant , what are the things to do to minimize/prevent section 8/regular tenants from messing up the rented property .