Michelle Calicchio
How far do you go with backgound checks?
I have a perspective tenant who looks good on paper. He's already revealed a past bankruptcy and explained how it came about (his employer was located in the WTC and when it went down, the business folded. He tried ...
Suzanne Player
Do your tenants maintain granite countertops properly?
I'm wondering about how tenants maintain granite countertops - they need to be re-sealed every 6 months or yearly. Do your tenants take care of them properly?Do you maintain it for them - either re-sealing them your...
Benjamin J Thompson
AI Analysis Tools? Which is best and why? Anyone using any of these and why?
There is no question that investors not moving into Real Estate AI-Tools are going to be left behind in consideration of the availability of data, and how AI is using that data to analyze and prove value. I have 14 do...
Paul DeSilva
Buildium no longer syndicating (with out fees)?
Hey BP,Fortunately we have not had any vacancies in several months, but the other day one of our tenants who is getting relocated by the Army said that they would be moving. So we went to list the unit to our website ...
Derek Persuit
Many Retail Stores Closing! What Happens Next?
We're beginning to hear from all over that retail stores are closing and at a very high rate. Amazon and online shopping alike has made it convenient and easy for us to do a one stop shop for things from groceries to ...
John Weiss
Indemnification Clause in PM Agreement
Looking to hire a PM was going over the agreement. Saw this and it kind of concerns me that basically im on the hook for any stupid thing they do. As a General Contractor when i manage a site im used to being the one ...
Joseph Barbaretta
How much to give a GC upfront?
I've got a property that requires a pretty major rehab (asbestos siding, and needs new electrical, plumbing, HVAC, walls ....). I have a general contractor that I think will do a good job. I wanted to do the work as...
Craig Lessler
Airbnb - Active or Passive - Deductibility of Losses Schedule C
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...
Emily Wu
Cape Coral, Fort Myers FL Cash Flow Rental
Hi All,I am starting to look at the Cape Coral, Fort Myers FL area. I am an out of state investor. I want to invest in multifamily properties for buy/hold. Can anyone provide me a little bit more insight as to which a...
Ken Rishel
Anti Money Laundering – a Technical Explanation
From another client report (this one from 2012) - sans footnotes and references.All Americans are experiencing the expansionist wave of government control over all of our activities, and businesses are being increasin...