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2 July 2024 | 2 replies
Florida will continue to suffer from much lower affordability due to increased insurance costs and taxes.
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2 July 2024 | 4 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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2 July 2024 | 0 replies
This code allows property owners to avoid paying capital gains taxes when they sell investment property and reinvest the proceeds into another investment property through a qualified intermediary, within a specific timeframe.For context, we support about a dozen luxury STR investors annually acquire Oregon Coastal vacation rentals with the majority of those clients originating from out of the area or State.
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1 July 2024 | 7 replies
I would tell him that if he does work without permission again you aren't going to pay for it and then follow up with an email so you have it in writing.
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3 July 2024 | 7 replies
Good news, you may be able to take accelerated bonus depreciation / expenses repairs immediately and get a tax advantage from thisBad news, you still need to deal with this issue from tenant/PM.I found this thread from @Bob Beach helpful where he shares some read flags on property managers.
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4 July 2024 | 5 replies
I've had many clients build commercial properties and make a good living off the revenue.
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1 July 2024 | 27 replies
If you are set to make your 30%, or whatever margin you want to make off it, then you are good to go.
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1 July 2024 | 7 replies
I’ve considered Texas but I’m not a fan of the property taxes.
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1 July 2024 | 3 replies
Our Top 100 Cash Flow Markets Report for 2024 just dropped, which breaks down metrics for the top 100 markets in the US. This report was crafted by none other than Dave Meyer, our very own Head of Market Intelligence...
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1 July 2024 | 6 replies
We’re one of the few property managers that require W-2’s and a bank statement and we go way beyond the traditional, “income must = 3x rent” qualifier.Below is more information about what our Applications Department does to screen applicants and find the best tenantspossible for your property.Required InfoWe require the following from each applicant over the age of 18, that is not a dependent of anotherapplicant (as evidenced on a tax return):Copy of acceptable state picture IDRecent YTD paystubRecent W-2Recent Bank Statement, all pages, no info blacked outRecent tax return if self-employedCredit HistoryMany companies use credit summaries, but we find these rarely tell the whole credit story.