All Forum Posts by: Les Jean-Pierre

Hello BP, There is a property that is on the market trading way under market. I called the broker and found out the reason is the price listed reflects buying 75% of the property. Looks like this is an inherited property. So, maybe there is a holdout. Anyone ever encounter a situation like this? My thoughts are try to negotiate with the holdout or buy the property and then start a partition action. I would rather hold onto the property. Let me know your thoughts. Thanks!

I used this smart lockbox that gives a temporary code. Worked fine. I think the client was a big reason too. So, made a nice sum of change for a one day rental.

You hit it right on the head. That is glass. I found a smart lockbox that should fit the bill. It is a short term rental but not residential. It is for parties, etc. Thus, little skittish giving out the code to a regular lockbox.

I think it helps. I would be renting out a store space for pop ups, parties, etc. So, it certainly isn't residential and is closer to a hotel but I have never seen this niche discussed. THanks

Hi, I understand there are certain tax deductions for short term rentals. I have a commercial space and am starting to do events through Peerspace, etc. Can I take advantage of the STR deductions or is it only for residential properties? Thanks

Hi, I understand there are certain tax deductions for short term rentals. I have a commercial space and am starting to do events through Peerspace, etc. Can I take advantage of the STR deductions or is it only for residential properties? Thanks

No. This is the lock. Will swing by HD tonight or tomorrow.

Hi, I have a cylinder lock that, when I showed a picture  to a couple locksmiths, is supposedly incompatible with any smartlocks because the door is too thin where the lock is located. I have some lockboxes but any other ideas?

I’m in NY. Judgments here are good for 20 years at 9% interest. I will do some asset searches. I do know one got a lot of Covid bailout money so maybe that is the answer.

I have won some cases against deadbeat former tenants. Both are under $25k. Is there any place where I can sell them? What are other people doing? Just hoping for some luck? One might have a job so could garnish wages. The other one is broke.