April C.
My Plan: Please poke holes in it :)
29 July 2021 | 42 replies
I’d highly recommend self managing anyway, as it can be highly automated once set up and running with the right software and systems in place.
Mallikarjun Reddy Pateel
Getting Started with First Wholesale Deal
1 June 2021 | 18 replies
You would export the property addresses from Propstream and then upload that into the skip trace side of the software.
Ryan Tierney
Owner Occupied -Proerty Management LLC???
5 April 2021 | 3 replies
Go to the max without triggering an IRS audit for starters.When working with the other tenant, I would also state , " the owner is a pretty cool , but i need to watch every dollar keep the property looking great.".Or " The owner is a pretty tight with money but wants to keep the property looking great and well maintained".Both those statements take a lot of stress off of you and put on the owner!!!!
Justin Summers
Dealer vs INvestor IRS classification
4 April 2021 | 5 replies
It increases complexity of bookkeeping and is much more challenging to defend in an IRS audit, but it is legally possible.In your specific situation, it appears quite likely that your property might be treated as non-dealer and use the capital gain treatment.
Jose Duque
Home office/storage room IRS audit
4 April 2021 | 4 replies
Hey all. This year i got a dreaded letter from the irs asking to provide more information on my rental property. In own a 2 family with 3 rooms each. I live in one of the two apartments in 1 of the 3 units. The other ...
Benjamin Branson
Do Not Call Registry???
5 April 2021 | 2 replies
As an investor though, you can call to make an offer to purchase something from them -- in this case, their home.The company I work with has had our software reviewed by two independent TCPA compliance law firms and this is reviewed ever 6 months.
Luke J Nelsen
Short Term Rental Security Deposit Advice?
17 May 2021 | 19 replies
Other "damage" that we've had to use funds from this account to pay for were small things like a new coffee pot (when the lid was melted in the dishwasher), a new set of sheets that were damaged by a wet bathing suit bleeding red dye, and a new twin mattress when a special needs child accidentally wet the bed.As for security deposits on AirbnbI learned recently that if you use OwnerRez PMS software you can charge an Airbnb guest a security deposit.
Angelina Frascarelli
Contractors, Agents,PM checklist,spreadsheets for investors BRRRR
7 April 2021 | 2 replies
Recommend you don’t use this as your starting prices; go after a richer neighborhood and charge higher prices.23Auction rulesPost a “Topic” on this Forum and ask for some copies sent to you.24Security systemSituational, work with your local security firm.25Fencingsituational26Self Service or managersituational27Management softwareSince the world is internet based, see if you can use one of the Storage management softwares in Zagreb.
Cody Gray
Best Short term rentals/ AirBnb management tools?
6 April 2021 | 8 replies
Hi Everyone,I'm hoping to transition into the STR space from traditional rentals and wanting to know what software/tools are best to use to help the business run smoothly.
Kevin Howard
Best Practice For Collecting Rent
10 April 2021 | 19 replies
@Kevin Howard I recommend testing out some property management software companies to see which one would be the best fit for your rental business.Ever since I've been using a property management software to manage my rentals, it's been so much easier.