Leon Lee
MTR vs. STR
13 November 2024 | 8 replies
The heavy cleaning and repair costs after longer stays are definitely pain points but I've seen my clients make it work by screening the tenants more carefully for MTRs, doing bi-monthly checks to catch issues early, and writing clear lease terms about maintaining the property.
Michael Dallas
!st Private Lending Deal
16 November 2024 | 14 replies
Hey @Michael Dallas, it sounds like you've put a solid offer on the table—10% interest-only on $95k is competitive, especially with a clear 2-year exit plan.
Josh Anderson
Newbie just getting started
12 November 2024 | 5 replies
Have a clear cut buy box: i.e.
Mad Dendukuri
When is relocation to tenants required for doing repairs
13 November 2024 | 8 replies
Being clear about what’s covered in the lease and by local laws can avoid misunderstandings and set their realistic expectations.If you do plan to carry out the cosmetic upgrades (because the property is overdue and of course you want to ensure your tenants are enjoying their home to the best of your abilities), try to schedule the repairs at times that minimize disruption.
Sudheer Kumar
Need Advice on Commercial Loan on existing retail buildings
11 November 2024 | 7 replies
Monthly rental is 28K per month.Hi Sudheer, I wasn't clear from reading your post what the goals are.
Shannon L Fogarty
Deed vs mortgage
11 November 2024 | 14 replies
Let me be clear, I'm not the wife in this situation.
Karen Seguin
Letter to current tenants
11 November 2024 | 5 replies
While you can't create limitations against their lease and legal rights they have for quiet enjoyment, things like keeping common areas free of clutter or routine maintenance items that are tenant responsibility can often be added to help keep the expectations on both parties clear.
Alecia Loveless
Wynd Smoke Detectors
10 November 2024 | 1 reply
For clear evidence, you may want to consider an air quality monitor specifically noted for detecting a range of smoke types.
Gisell Garcia
Ways to collect rent
14 November 2024 | 25 replies
I've had issues with their system not notifying me when a tenant has a maintenance issue and there are times the site is requires me to clear my cookies before I can see anything in there.
Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
The Regulations clearly state how to treat a property that meets various definitions.