All Forum Posts by: Jaren Lerner

I'm moving to Las Vegas in August. I've had great success househacking in the past, including my current home where I rent out a garage apartment, but I'm having trouble finding a property in Vegas where it makes sense. There don't seem to be any duplexes, the 4plexes are all c class at best, and most homes with casitas/adus are over a million dollars. I'm not interested in renting by the room. I have a wife, child and dog and we value our privacy and don't want roommates, so ideally there would be at least two separate units. An A/B class duplex or SFH with casita/ADU/"Nextgen suite" would be ideal. I'll be working in the southwest and I'm looking in the arts district, historic district, McNeil, section 10, spring valley, south summerlin and mountain home. Needs to be at least 3bed/2 bath and no hoa. If anyone has any advice or leads, please let me know. I'm also interested in any local REIA meetings or Facebook groups. Thank you in advance!

Something that has worked for me a few times- directly contact the guest and ask them to contact airbnb to have the review removed. This will especially work if you thank them for the feedback and say that you're upgrading the sofa bed but that the review negatively affects your business and ability to get future bookings.

@Michael Faulk

@michaelfaulk

Hello, what type of insurance policy do you get in this situation, as a primary occupancy/homeowners policy doesn't typically cover rental activities. Thank you!

Thanks, Jim! You da man. Nice to know we're back to B+

Any plans to record/zoom the event and then post it in the facebook group? It would be greatly appreciated for those of us who can't attend in person.

Congratulations! Can you provide more details? What is the interest rate on the private loan? How did you find the lender?Was it 100% financed or disñd you need to put any money down? What are expected rehab costs and ARV? Does the private loan cover the rehab costs? Do you plan to refinance a la BRRRR or flip it? If BRRRR, how much will you be able to rent it for and what will be expected cashflow?

I'm particularly interested in the financing as I recently closed on a duplex but I had saved up the downpayment and rehab costs, and I'm interested in doing a BRRRR in 2022 with private lending/hard money.

@James Palovich What regions/cities do you consider to be Northern Kentucky? I currently live in Lexington (central Kentucky?) and I'm interested in Covington and surrounding areas, which technically is in Kentucky but part of the Cincinnati metropolitan area.