Jason Heath
Depreciation Recapture for rental property
I sold a rental property. Half-way through owning it, I realized that I had failed to begin depreciating it when I bought it, and I started depreciating it. Had I depreciated it from the beginning, I would have acco...
Gianni Piccoletti
Scaling your REI portfolio
I have a small REI portfolio based in South Florida and looking for creative ways to continue scaling it in this tough market. Would appreciate anyone that wants to bounce ideas off each other or see how we can help e...
Michael Calvey
Automate Your Short-Term Rental and Get Your Life Back: A Step-by-Step Guide
Managing a short-term rental (STR) can feel like a full-time job. Constantly juggling guest messages, cleaning schedules, and last-minute bookings can turn the dream of passive income into a daily grind.
But with the...
Adam Orentlicher
Motion sensor thermostats
Hi All, I have a vacation property that I'd prefer NOT to install a hard coded thermostat in - e.g., I want to give folks the ability to set the temperature on their own. Otherwise I'm sure I'll get complaints. I'd ...
Sam Leon
Late rent deterrent?
Just wanted to brain storm a deterrent for paying rent late. I know we all have to deal with this from time to time.
Some charge a fixed late fee after a grace period; Some charge a per day late fee;
H...
Mike Beaudry
Using Google Forms, sheets and sites
Hey all....quick tip. Been listening to lots of podcasts. This method requires a little set up time but I found it worth it if you are using Google sheets to keep track of your real estate. Here's what you can do. Cr...
Tim Schroeder
The Ultimate STR App/Service/Website thread - What are your favs?
What is your favorite dynamic pricing app? Everbooked vs. BeyondPricing vs. The Others? The best electronic door lock? The best Wi-Fi Thermostat? How about a Guest communication app? Synchronized calendar? What makes ...
Justin Goodin
🖐🖐Financing help for small apartment buildings
Looking to purchase a small apartment building between 400 and 800k. Do I need to have my LLC registered before I start making calls?Will a typical bank want 20% down. Are there any other ways to get financing for an ...
Aaron Millis
Homeowner paying non homeowner taxes
Hi all,
I had a quick question that is probably simple.
I bought my personal residence in march of 2017 and I purchased it from another investor. He was not currently living in the home so he was paying higher taxes....
Mark Greathouse
Cap Ex and other Expenses
When getting your first deal (lets call is a BRRRR). When should you start putting money away for the CAP EX and other expenditures? It seems like it is a dedication from rental cost, but what if reno’s are taking lon...