Kip Cline
Are supply expenses deductible this year or added to basis
I am buying a house to fix up and rent. Are supplies such as paint brushes, blades, and other miscellaneous tools and supplies used to fix up the place deductible in the current year, or do they get added to the basis...
Ronak Shah
Self Storage Units Stabilized at 80% in under supplied market
I am underwriting a self storage property which apparently stays around 80% physically occupied year around and seems charges market rates. Based on population in 3 and 5 mile radius, it seems market has only about 2...
James Kojo
Metrics for Supply and Demand and where to find them?
When I'm evaluating a sub-market, what are some good metrics to evaluate supply and demand for rental units? Where can I find that info?For example, I know that building permits are a proxy for future supply, but what...
Billy Daniel
Short Term Rentals To Help Offset The Lack of Supply?
Hey BP! I was thinking about the housing shortage we are experiencing and thought about providing STR to people who are between selling and buying. Do you think there is a market for homeowners who are afraid to sal...
Wendy Man
Who supplies salt or sand for walkways during Minneapolis winter?
Hi Everyone,
It seems that the walkway on our property may have ice sometimes during the winter. Does the landlord typically supply the tenant with salt/sand for walkways in Minneapolis? And if the landlord typical...
Matt N.
LLC Templates Where One Person Supplies Capital; Other, the work
Just curious if anyone has come across an operating agreement that speaks to the situation where one person is supplying the capital and one person is providing the services, finding property, placing tenants, etc. Wh...
Sofia Sharkey
STRs | Best method to manage supplies in your vacation rentals
Up to this point I have relied on the cleaners to let me know what supplies are low and I also drive to the units with enough frequency to note what needs to be purchased. I'm ready to systematize this process and won...
Cole Baker
Investing in a Market in the Hyper-Supply Market Cycle
I am beginning my MF journey, I am currently analyzing markets to determine which one to jump into.
One question that came to mind, is there a strategy or a reason to invest in a market that is currently in the hype...
Nancy Wang
Best way to let contractor access funds to buy supplies
Hi smart flippers,When you have a project going on and your contractor needs constantly buy supplies from HomeDepot, and you cannot accompany him to the store each time, how do you handle the situations? I heard you c...
Noah Calven
Short-term rental Bedding Supplies - Where should I get them?
Hi everyone, I am still setting up my first rental, do you guys have any suggestions where should I get bedding supplies? Some people say target or Amazon, but products there are still too expensive for me. Because my...