All Forum Posts by: Jaime Mejia

Hey everyone, I have a sfr split like a vertical duplex. The basement has a separate entrance and is doing well on Airbnb. The rest of the home has 4 (potentially 5) bedrooms that I want to rent as individual rooms medium/long term. I have someone that has rented from me in the past and is interested in working out some type of live in property manager for the rooms and Airbnb including cleanings. How or what incentives would you offer this person in my scenario? Would you offer free rent? Half rent for managing the Airbnb? A referral fee for every person she found to fill a bedroom? I've never been in this place and hoping for ideas, personal experiences, advice on this situation to reach a fair agreement for both sides. Thanks in advance!

Hey all, 

My goal is to open multiple business bank accounts without actually opening multiple accounts. Hoping to open just one that will allow me to divvy up my money into different categories. I'm aware of Ally Bank but they don't offer business checking and struggling to find an alternative. Any leads would be greatly appreciated! 

@Michael Baum

You are the real MVP for this! Would appreciate a copy as well, thank you!

Can anyone recommend a CPA with a RE background they have personally worked with in the Denver metro area? Currently house hacking and trying to understand my tax implications and how to properly structure. Thanks in advance!

@Matthew Cook I swear you are writing my story on this one as I've been trying to gauge how doable this. The building department informed me I will need a structural engineer to sign off on cutting into the foundation walls, a friend who lives in the area claims having to wait weeks for the HOA to respond to requests, etc. Will have to rethink this strategy. Thanks for sharing your experience! Adds a lot of color to the picture.

@Matthew Cook Wow, really appreciate you writing all of that out. Sounds like you found yourself a better deal with perfect timing.

@Matthew Cook Did you pursue the egress door or were there too many challenges to overcome? Looking to do the same and wondering how much you were quoted? Appreciate any info.