15 March 2026 | 4 replies
Appreciate any insight.In the Cleveland market, most property management companies fall within a fairly consistent range, so you’re on the right track factoring this into your underwriting.From what I typically see locally:• Monthly management fee: around 8%–10% of collected rent for small multifamily and single family portfolios.
7 March 2026 | 0 replies
During that time, the seller was understandably getting frustrated, and the deal was close to falling apart more than once.
14 March 2026 | 5 replies
A lot of investors don’t realize this about short-term rentals:Your personal use can make or break your deductions.Here’s the big rule to know:If you use your STR personally for more than 14 days or more than 10% of the days it’s rented, the IRS may treat it as a mixed-use property.And once it’s mixed-use, your losses and deductions can become limited — or in some cases not deductible the way you expected.This is where STR tax plans quietly fall apart.Not because the investor did anything “wrong”… but because they didn’t track the days.The key is simple:- Track rental days- Track personal use days- Know where you stand before year-endIt’s not just about income and expenses — it’s about usage.STR owners — do you track your personal vs rental days consistently, or do you estimate it later at tax time?
13 March 2026 | 3 replies
Quote from @Moumi Fall: Investment Info:Single-family residence buy & hold investment.
10 March 2026 | 7 replies
But that's assuming zero delays, zero permit hiccups, zero buyer fall-throughs.
16 March 2026 | 2 replies
Because in higher-priced markets especially, a deal can pass the first-pass filters and still fall apart when you stress-test it, or fail the quick screen on cash flow but actually look compelling on a 10-year hold.The quick filter + deep dive combo is the move though.
2 March 2026 | 11 replies
As you said, durability beats perfection every time.Most investors fail because they fall in love with the "best case" scenario and ignore the "bad luck" scenario.
7 March 2026 | 2 replies
The ditch also appears to need clearing out, with a lot of brush and falling timber.
9 March 2026 | 6 replies
You've got to move past notes and texts or it falls apart fast.
3 March 2026 | 29 replies
Search their names in the Cook County docket to see if they have a history of fighting lease terminations.