All Forum Posts by: Andrew Street

BNB Monthly is a full-service Airbnb Management Company Nationwide; charging an 18% fee of total revenue.

Providing hospitality at the highest level, we are here to serve every guest a wonderful experience. As an owner, you can have the assurance that it will be a hands-off experience and that your properties revenue potential will be maximized.

If you're interested in a Discovery Call, you can use the following link to set up a time that works best for you!

Hey there Devin - Totally feel you—we’ve had similar issues. It’s a tough balance between protecting the property and avoiding bad reviews. We’ve found that being consistent with documentation and setting clear expectations helps. It doesn’t eliminate the problem, but it makes it easier to handle when things go sideways.

Happy to connect to share more ideas! 

Hey there Jessica - That's exciting—congrats on the next step! Whether to take out a new loan or use your home equity really depends on your financial goals and comfort with risk. Using home equity (via a HELOC or cash-out refinance) can be a great way to fund the new purchase without selling, but it does add a second loan to your current home. A new mortgage keeps things separate but may require a larger down payment. A lender or mortgage broker can walk you through both options based on your numbers. Happy to help if you want to run some scenarios!

Hey there Linda - Honestly, your proposed increase to $2,550 sounds totally fair given the market. But if the tenants have been solid and reliable, accepting $2,500 in exchange for help with snow removal or gardening could be a good middle ground. It keeps them happy and saves you time or money elsewhere.

And your concern about the dog makes sense—shelter dogs can come with challenges, and if they’re both gone all day, it’s fair to ask how they’ll handle that. It’s not unreasonable, especially since it could impact the property.

At the end of the day, keeping good tenants slightly under market might be worth it if it means avoiding turnover and keeping things smooth.

I'd be happy to connect to share more ideas! 

Hey there Ying - You're right! While proximity to a cemetery is considered a major negative in parts of Asia, in the U.S. it generally doesn't carry the same stigma. Some buyers may be put off, but others might appreciate the quiet surroundings. It could slightly impact resale value or time on market, but it's unlikely to be a dealbreaker especially if the property is otherwise desirable and has strong rental history.

I'd be happy to connect for more ideas! 

BNB Monthly is a full-service Airbnb Management Company Nationwide; charging an 18% fee of total revenue.

Providing hospitality at the highest level, we are here to serve every guest a wonderful experience. As an owner, you can have the assurance that it will be a hands-off experience and that your properties revenue potential will be maximized.

If you're interested in a Discovery Call, you can use the following link to set up a time that works best for you!

BNB Monthly is a full-service Airbnb Management Company Nationwide; charging an 18% fee of total revenue.

Providing hospitality at the highest level, we are here to serve every guest a wonderful experience. As an owner, you can have the assurance that it will be a hands-off experience and that your properties revenue potential will be maximized.

If you're interested in a Discovery Call, you can use the following link to set up a time that works best for you!

Hey There Calvin - That's awesome you're starting so young! House hacking is hands down one of the best ways to get in the game with little capital—live in one unit (or rent out rooms) while your tenants help cover the mortgage. FHA or low-down conventional loans can make it more doable.

Since cash is the biggest hurdle, focus on building credit, increasing income, and saving as much as possible. Side hustles, wholesaling, or even partnering with someone who has money but not the time/knowledge could be great options. Also, network like crazy—go to meetups, connect with investors, and learn from people actually doing it.

If I were 18 again, I’d 100% house hack, stack useful skills (construction, sales, property management), and reinvest every dollar into more real estate. Keep learning and, most importantly, take action. You’re on the right path!

I'd be happy to connect to share more ideas! 

Hey Aaron - Congrats on your first investment property! Opening a separate bank account is a smart move to keep property finances organized. When you set up an LLC, you can align it with the account for better management and legal protection. Consulting a legal or financial advisor can also help you plan this out effectively.

Hey there William - The 14-day personal use requirement applies as long as the loan is classified as a vacation home. Paying down 20% of the principal doesn’t change that—it would still be subject to the original terms. If you want to remove that requirement, you’d need to refinance into a different loan type, like an investment property loan.

Hope that helps!