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23 October 2024 | 4 replies
Because that is actually how we communicate with the IRS - only through our tax returns (until audited of course.
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24 October 2024 | 18 replies
Assuming you just manage your own properties, not other people's properties, you can use Buildium for management tasks (keeping track of maintenance, store documents, communication, etc.,) and use QuickBooks for everything related to accounting/financials.
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23 October 2024 | 10 replies
You may lose access to the bookings they have managed, as those reservations are often under Evolve’s control, and they may manage the communication, payments, and cancellations for those guests.Transferring Bookings: Some companies might allow you to transfer the bookings if you switch to managing the property independently or through another service.
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22 October 2024 | 8 replies
A prudent investor doesn't seek quick riches through shortcuts.
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24 October 2024 | 18 replies
The left hand doesn't know what the right hand is doing and the execution seems poorly planned and communicated.
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23 October 2024 | 9 replies
They can handle bookings, cleanings, and guest communication, so you’re not always on call.Also, keep in mind that some areas have specific rules and regulations for short-term rentals, so make sure you understand what’s allowed in any location you're considering.It’s great that you’re eager to learn, and with the right strategy, STRs can definitely help you gain more freedom.
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25 October 2024 | 66 replies
Here's a summary of the communication: I would get paid 3% interest for wiring $91,000 and get my money back within 24 to 48 hours with a double closing.
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28 October 2024 | 40 replies
I can only really speak for Tampa but if you buy a unique and/or amenity rich property in the right part of town and do all of the management pieces right you can and likely will be successful.
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24 October 2024 | 55 replies
or are those just "get rich quick money scams"?
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23 October 2024 | 4 replies
Sounds like you've had poor expectations on how the process works, poor communication from your lender, and maybe there is more to your file that you are letting us know.