All Forum Posts by: Anthony Conrad

I have an applicant with an emotional support animal, a dog that is over 50 lbs. My rental requirement state small dogs only (under 50lbs) with a non refundable one time fee and a small monthly pet fee. My understanding is that I can not disqualify the tenant based on their pet and I cannot charge any pet fees because it’s not a pet it’s an ESA. Am I understanding that correctly?

@Don Konipol

Thanks Don. I thought about that too. I’ll just have to double check the community by laws. I also thought maybe I could rent it to a company directly and if they have different people coming to town for shorter periods. That way the company is the tenant but the guest may change more frequently.

@Rebecca Sequeira

You are right about the timing. There are ski slopes nearby. Hopefully I can find a winter sports enthusiast. If not, we’ll use it year round on weekends and holidays. Who knows, maybe the community will relax it’s rental stance someday and I can use it as an Airbnb!

@Trish Mccoy. Thanks for the input. We’re furnishing it for our own use this summer regardless and the community doesn’t allow anything less than a six month lease. It’s not really an investment property since we’re really buying it for us. I’m just trying to see how much demand there might be for a 6-8 month lease. I guess we could always move our furniture to the basement :)

I’m buying a cabin in a semi private lake community to use as a vacation home. I’d love to offset some of my costs by using as a rental. The community by laws state no rentals for less than a six month lease though. I’m thinking students or corporate housing but everything I can find tends to be 90 days or less. This is about 30 min outside of Cincinnati, OH. Is there a market for six month furnished rentals?

@Ashish Acharya. I definitely won’t qualify as a RE pro with one property. I have capital expenditures like a roof and driveway that will be in the not too distant future. I’m just exploring my options to see if there is a more strategic way incur the expense. Thanks for all the insight!

@Brad Hammond. Thanks!

If my capital expenditures on a rental property exceed my rental income, can I use those expenses to offset W2 income or does it only offset passive income? I just got my first rental property rented and I’m trying to decoy if I should make capital improvements this year and get my losses out of the way.

@Garth Kukla

Thank you!

I’m searching for my second single family rental in Northern KY and I’d like to find a local bank/lender to work with. Any recommendations or experience with local investor friendly professionals to work with?