13 November 2025 | 11 replies
I represent a lot of buyers and I do communicate the value of turnkey - its worth about $20/ft hard cost, and about 2 months of mortgage payments/opportunity cost and whatever you value dozens of hours of your own time.Strong rental history is good but I do not place a ton of weight on that.
5 November 2025 | 12 replies
.🧹 Cleaning & Landscaping Services – Routine upkeep expenses.💼 Professional Fees – Legal, accounting, or property management services.🧑🔧 Contractor Labor & Supplies – Any materials or hired help for property improvements.🚗 Mileage/Travel – When traveling to inspect or manage rental properties (keep mileage logs).💻 Office Supplies & Software – Including bookkeeping tools, printers, and even part of your home office.Creative Ways to Give Back — and Still SaveGiving back can also be tax-deductible when done thoughtfully:🎁 Tenant Appreciation Gifts: Small gifts such as gift cards, snacks, or holiday baskets (under $25 per tenant per IRS rules) can be deductible as a business expense.🏘️ Community Donations: Contributing to local charities, shelters, or community events near your property may be tax-deductible if donated to a registered nonprofit (501(c)(3)).🧤 Property Improvement Drives: Donating old appliances, furniture, or materials from renovations to nonprofit organizations like Habitat for Humanity can qualify as a charitable deduction.Pro Tip:Before December 31st, review your receipts, invoices, and bank statements.
7 November 2025 | 3 replies
If your client signed it, it carries weight.
6 November 2025 | 11 replies
The benefits greatly out weight he downsides.
30 October 2025 | 4 replies
We always set a weight and breed limit on dogs.
10 November 2025 | 15 replies
Thanks.Start living as though you already have the burden of the payment and upkeep.
11 November 2025 | 14 replies
I also store all documents related to tenants and properties on this platform.As for constancy in managing our business all of our processes are documented via work instructions that we have written and upkeep ourselves.
1 November 2025 | 8 replies
Over time, that means your property is not only paying for itself but also growing in value and helping you build financial freedom.Mobile home investments, on the other hand, come with several challenges:Depreciation: The structure itself loses value each year, unlike a house that appreciates.Tenant turnover: Mobile home tenants tend to move more frequently, impacting stability.Financing hurdles: Loans for mobile homes often have higher interest rates and shorter terms.Maintenance costs: You’re responsible for upkeep on both the home and the land, and replacement costs can add up.While it’s possible to make money renting mobile homes, it typically requires owning the land outright, buying units in bulk, or operating at a scale that offsets those drawbacks.
30 October 2025 | 2 replies
For rents, use the income approach: verify with two PMs, cross‑check Rentometer/Zillow but discount for aspirational pricing, and weight unit layout and parking over raw sqft when comps are sparse .
21 November 2025 | 6 replies
Check the appraisal approach used.For small multis, the income approach should be weighted heavily.At $3,650/mo rent, even conservative cap rates often justify a higher value.4.