Byron Umana
New to Airbnb Hosting? Here’s a Step-by-Step Guide to Get You Started!
20 January 2025 | 8 replies
It’s inexpensive to provide but can make a big impact.Comfortable Bedding: Investing in high-quality mattresses, pillows, and linens improves the guest experience and leads to better reviews, which can boost occupancy rates.Smart TV or Streaming Services: Offering Netflix, Hulu, or similar services is a low-cost way to enhance guest entertainment and stay competitive.Fully Stocked Kitchen: A well-equipped kitchen with basic appliances and utensils appeals to families and long-term guests, saving them money on dining out.Dedicated Workspace: If your property caters to remote workers, adding a small desk and ergonomic chair can set your listing apart.Outdoor Spaces: If your property allows, an outdoor seating area, fire pit, or hot tub can significantly increase your nightly rate and attract more bookings.Energy-Efficient Features: Guests appreciate eco-friendly options like LED lighting, smart thermostats, or solar panels, especially in eco-conscious markets.Keyless Entry: A smart lock is a relatively small investment but offers convenience and security, which many guests value.If you’re deciding on amenities to add, it’s always a good idea to research your local market.
Brad Kremer
How to access equity for HELOC on MFR duplex in TX?
27 January 2025 | 3 replies
Some lenders offer creative solutions, like a cross-collateralized loan, where they use your existing equity as security without refinancing the duplex.Another idea is partnering with private lenders or exploring a second-position mortgage, depending on your lender's terms.
Brittney Yang
How To Structure A Partnership For Duplex Investment
29 January 2025 | 7 replies
All are perfectly functional now, but could pull higher rent with replacing the flooring, and updating the kitchen.My current financing setup for this deal would be $235,000 from the HELOC I already have secured.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
@Bob Asad at our bank, we have an escrow account for security deposits, it is set up with sub-accounts for each tenant with their security deposit amount and their SSN.
David Ritz
What should I do to get rid of my tenant?
21 January 2025 | 2 replies
I noticed that the previous owner let them pay half the security deposit and the other half later, which is a red flag.
Jules Aton
Back in the day...
13 January 2025 | 16 replies
.: The applicant needs a social security number or an individual tax ID number (ITIN).
Franklin Marquette
Renter's Insurance Liability Requirements
22 January 2025 | 5 replies
Renter's Insurance is a cheap date for the tenant; it protects their security deposit and assets.
Golan Corshidi
Can you find good deals on the MLS that have been sitting on the market for a while?
24 January 2025 | 6 replies
By negotiating a significant discount, buyers can secure great deals while meeting the seller's urgent need to close the sale.
Garrett Jennings
Can I do a hybrid of seller financing and bank financing?
17 January 2025 | 4 replies
Possible (but I doubt easy) if seller takes a 2nd / subordinate position to the bank or is secured by other property you own.
Donald Hatter
Reporting Unpaid Rent to Credit Bureaus
11 January 2025 | 1 reply
Our lease contains a clause stating the security deposit cannot be used for the last month's rent. 3.