David Mathews
WOW!!! You have 10 or More STRs????
That is a significant feat! What is the #1 thing you would have done differently from the beginning knowing what you know now?
Julian Colvard
Do you always have to fix appliances?
I recently read a lease with that included this clause: "If any appliance cease to function, we may or may not repair or replace the appliance at our discretion."
Do you have this clause on your lease AND is it allow...
Ken Vogel
Washer dryer hookups
Im buying my first duplex. It has washer and dryer hook ups. Would it be customary to provide machines or have the tenant bring their own? I suppose it could go either way with the machines being provided adding va...
Kevin Luttrell
Estimating Capital Expenditures
Hello,
I was wondering if some experienced investors out there could provide some quick tips/advice on estimating CapEx when analyzing potential deals. Obviously this is impossible to perfectly predict and I know it ...
Jose Leanos
ADU Long Term Rental vs Airbnb tax write offs
Hello, I am a newer real estate investor from California. I have a question regarding the tax write offs of a long term rental vs an Airbnb rental.I am just about finished converting my garage into an ADU for a total ...
Mike Webb
Vacant unit standard operating procedure
Does anyone have a Standard Operating Procedure they use when one of your rental units goes vacant? Primarily looking for something that lists the action steps (i.e.-Schedule needed maintenance, take pictures, order l...
Kevin Yang
How should you categorize your business expenses?
Hey guys,Me and my partner have been setting up our property to start doing business in short/mid term rentals! We have a lot of business expenses such as labor from contractors, appliances, furniture, tools, etc. We ...
Kris Haskins
Finally happened, my tenants took my stove, frige & washer/dryer
Had a tenant move out last week and seems like they got me. They've been good renters for 3 years and when they moved, I guess they just felt like I owed them a favor. They blew my phone up over the past few weeks t...
Bryan Garv
Newbie ROI Question
I live near Destin FL and am thinking of purchasing a Condo which will net me an ROI of 8%. I realize this is not the best ROI for a property however, the HVAC, water heater, and appliances are brand new, the Unit i...
Jimmy Watson
DirectBuy
Hello all. I attended a small home and garden show in Dallas yesterday and spoke to a rep at the DirectBuy booth. I have found a number of negative reviews on the company. Most of the positive reviews came from ...