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23 September 2024 | 4 replies
This is just a general spreadsheet for calculating capex, regular expenses, vacancy, etc.
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26 September 2024 | 17 replies
In the midterm rental community, it is regularly discussed how frequently people inquire about accessible properties, particularly in the highest end insurance placement niche where there is, indeed, a price premium on accessible properties.
25 September 2024 | 8 replies
If your fee is significantly higher, it might be worth having a conversation with your new cleaner about their rates.Consider adding the extra cleaning cost to the cleaning fee or at least a portion of it, then monitor how it impacts your bookings.
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25 September 2024 | 11 replies
I do have a handful of clients that have ended up using multiple CPAs just due to who their partners were on different deals, and even in those cases they almost always end up consolidating to a single CPA - taxes are enough of a headache without dealing with 3 different professionals who each only have a slice of the whole picture.If you are going to regularly be investing across the country, it doesn't hurt to work with a firm that has State and Local Tax (often referred to as "SALT") internal resources, though typically this does come from larger firms with larger fees.
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27 September 2024 | 9 replies
The owner I know uses a local handyman service they've built a relationship with to handle one-off issues that come up and perform regular maintenance, and it sounds like you've already got cleaning locked down.
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30 September 2024 | 46 replies
It costs about $2000 in Destin, FL for instance to convert a regular residential use to STR use permit if it's the first time the house being coverted for usage.
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27 September 2024 | 8 replies
You can definitely start with a regular conventional loan for your investment property and then buy a primary after.
26 September 2024 | 5 replies
The umbrella policy also covers things not included in a regular landlord liability policy.
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25 September 2024 | 2 replies
He's is the only member of the HOA.Two units are being rented out as regular annual rentals.Rest are medium term rentals (90 day) for a local hospital.Sp would that mean you can turn it into an apartment building?
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26 September 2024 | 7 replies
Hi Jason,They are available, but a regular cash out may be a better option depending on the use of the funds (short-term or long-term).