
4 October 2024 | 8 replies
Like I mentioned before the initial reason for setting up the LLC and running the short term rental through it was to show income through our tax returns and have more access to lending in the future.

2 October 2024 | 3 replies
I also did an initial telephone screening/interview and check references.

1 October 2024 | 15 replies
Initially, I pursued wholesaling with the goal of generating income to eventually buy and hold properties.

2 October 2024 | 4 replies
The main issues are: 1. gross revenue has been less than half the projections the PM initially provided and what is on AirDNA, and 2. gross revenue has dropped 30% from last year to this year despite me investing over $125K in improvements (new pool, new fire pit, new landscaping, new dog yard).

1 October 2024 | 12 replies
This cash will go toward the down payment, closing costs, and initial property expenses. 2.

4 October 2024 | 13 replies
As a landlord, I verified the work needed by pictures being sent, and arranged for a contractor to go in person who is licensed and insured to give an estimate for the work stating to management company this would likely have to come out of a security deposit.The management company was initially asked prior to me arranging this appointment with contractor, to have someone professional quote the damage, and they disregarded my wishes and without my knowledge, or notifying me, granted consent to the tenant to fix the door " in any way they see fit, and to attempt to fix it themselves to the degree of their liking."

1 October 2024 | 6 replies
Some of those houses are poorly built, though they initially look great.

1 October 2024 | 5 replies
Still, no.The next day she feels 10k is reasonable.I initially was inclined to help her with a new bedroom set, and return of security deposit along with not charging the month of september while she finds a new place.My responsibility or not, amicably helping a tenant vacate quickly is in everyone's best interest.

2 October 2024 | 11 replies
A ton of people who initially inquire about a unit on Facebook drop out of the process quite quickly.

4 October 2024 | 16 replies
Often it's " I haven't had any issues with my initial properties, but thanks anyway" or "my mentor showed me how to do it successfully".