“beware of requirements for additional title insurance beyond the cos of the property and the buyer named on policy.”To clarify, lender's title insurance covers the amount of the loan, not the cost of the property.

Been tracking supplies and costs as we furnish STRs, happy to share the list if anyone is interested. 

I’m based in Coastal South Florida where cap rates and insurance costs have gotten tough — plus hurricane risk doesn’t help.

I'm trying to get a ballpark estimate of what it should cost to paint the interior of a 4 bedroom unit in Shaker Heights. thanks! 

Cost segregation studies are most beneficial when you have non-passive income to offset or you already have other passive income.

Hello Brandon,The cost per square foot for property renovation is highly variable.

It's a common misconception that you need to do a cost seg before year end, although I think less people are falling into that trap. 

Are rising repair costs changing how you screen tenants, budget, or structure reserves?

The basement renovation will cost around $300K.My understanding is that it doesn’t make sense to do a cost segregation study now because we don’t have rental income to offset yet (we’re operating at a loss).

Great question — rehab costs have definitely been pushing upward.