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Updated almost 6 years ago,
Newbie with STR's can anyone help!
Hey BP Team,
I have stumbled on STR's by chance. I wholesale, rent, and primarily owner finance but one of my investors is stuck in a rehabbed Harvey flood home post rehab.
His intention is now to AirBnb (+ all the other platforms) after I mentioned the idea. As he is out of state, he is actually just considering letting me manage it. I would pay him market rate ($1,700 per month).
1) Does anyone have a template lease I could borrow or find that specifically says we can list it on the market places?
2) Do you typically (if it works and i try and find more) pay the first months rent + deposit or structure that differ?
I intend to read all of your posts on these forums but thanks to everyone in advance. Would also love to hear the positives and negatives! Happy to trade advice or services also for any mentoring. Im licensed in Houston and sell 15-20 off market properties each month! I will also soon be sitting the RMLO to be a licensed mortgage broker.
Thanks!!!