Kyle Myers
How to proceed with legal property management issue in Colorado
I'd appreciate any advice on how to proceed on a matter that our previous PM is taking us to small claims court for. We own a rental property in Colorado and our previous PM is taking us to small claims court for 10%...
Jeremy H.
What kind of Form/Estimate Sheet do you give your contractor?
Wondering what kind of form/estimate sheet you all give your contractor?I've completed various renos, usually on the smaller side <40k and always used an excel spreadsheet with what is to be done, kind of broken do...
Joe Hughes
Delays, delays, delays. Are they common?
I started scaling up my flipping business earlier this year. Prior to, I was doing about 1 per month, and was managing the contractors myself. It all seemed to flow well and projects were always done on time and on ...
Tj Hines
Prop Managers W/ Repositioning Experience
I wanted to know if anyone in hear can provide some tips on how to get in contact with property managers that have repositioning experience in a specific market you're targeting?
Pretty Khare
STR tax loophole with a 2nd home loan
If I buy a vacation home using a 2nd home loan and rent it as an AirBNB when I am not using it, can I still do a cost segregation study to accelerate depreciation and offset losses against my W2 income if I follow the...
Ryan Crowley
Scaling up and bookkeeping
Hey guys! I’m a long way off from my goals, but I currently own 8 units. For bookkeeping, I have been using excel and doing it all myself. I want to scale up soon, what programs do you use for bookkeeping? Or are ther...
Alex Medearis
Rehab Costs in Charlotte
Hi Everyone,Great to meet fellow Charlotte investors. Thanks for helping make this such a valuable community!I am in the midst of a rehab in Charlotte and am looking for guidance on finding contractors that can work ...
Patrick Jackson
Do you find it better to have a project manager for your rehabs?
I would like to hear the thoughts of investors on if they think using a project manager to lead and develop their projects is helpful. I notice some contractors dont like working with project managers. Is this becau...
Carlson Driver
Are expenses on short term rentals tax deductible
Say if we had a short term rental in Hawaii and were using a property manager to manage it for us which cost us ~$200/month. And we had to replace a dishwasher for $500 in 2021. Would the $2400 ($200 * 12) + $500 = $2...
Jon Denton
HTC renovation: passive vs. non-passive credits
First post here. I currently own a property in a historic district and was planning on selling the HTC's to pay for renovations. I personally have no expertise with CRE, however I do have partners who were to handle t...