All Forum Posts by: Mike H.

I recently started managing a vacation rental.

Been researching a lot about the different tools that would make my life easier (Dynamic pricing, automated messages, expenses tracking, ...) and found a few useful ones but having a hard time to decide.

Curious to see what others are using and whether you would recommend it or not

lots of great information in this thread!

been checking almost every website mentioned, it seems that the prices went up like crazy. 

vreasy is now $90/month

myvr has a more complicated policy but I believe it is $29 + 1.5%/month

I'd love to avoid the % cost, but $90 is quite high per property. Anyone had luck with cheaper alternatives?

anyone had experience with appraiser construction date being more recent than it actually is?

I am in a very unusual situation.

Every other source (appraisal, assessor, all 5 previous MLS listings, online data,...) shows it being built in 1985.

When I went to the city, they said there are no permits from 1985. The two closest permits are:

- 1975 (kitchen remodel)

- 1990 (addition to house)

What is this magic 1985 number that everyone agrees on but I can't trace?

Why would there be permits all the way back to 1950 (sewer connected)? And then a kitchen remodel in 1975 clearly showing the existing house on the plans?

The seller has no idea. Firmly believes it is 19805.

Am I missing something? Is there a source I didn't check that would have the answer?

@Lee Ripma, thank you. Zone is RS1-7, 5000sqft. 

It is a little surprising to me that one house (the addition is part of the house. connects through a door), would have 1/2 of it forbidden to be rented. At this point wouldn't the renters be called roommates anyway?

@Lee Ripma it is an SFH with an attached addition. The addition has a deed from the city that says ""shall not be rented or leased".

My bad, I should have formulated more clearly. 

I was asking if this would count as "having roommates" or "leasing a separate unit"

@Brie Schmidt & @Jassem A. thank you for your help.

It has proper egress, more than is required by the city. Several doors and windows.

I am actually hoping this use would be considered as "having roommates" even though there is no shared space. Just wanted to run it by others to make sure I am not overlooking something obvious

Hello,

A lot of the places that I find around here have an addition built that "shall not be rented or leased". 

Is anyone familiar with AirBnB's terms? I don't believe there is any lease or rent agreement with the guests, is there?

Hello,

I am looking to buy a SFR and live in part of it (owner occupied).

I found a place where I could add a door + deadbolt inside, and split the SFR in two. One won't have a kitchen.

If I rent this half, is it considered as a unit? There is no wall separating them. Just a door. 

Or is it considered as renting rooms in a house?

thank you