
17 January 2025 | 4 replies
Hey @Raven Ye Mahar, so you should call the city and make sure but if you are renting it long term, you shouldn't be on the hook for any of the occupancy taxes.Nashville has a STR Occupancy Tax - https://www.nashville.gov/departments/finance/office-treasur...In the end, I would just call the city and get the deets that way.

13 January 2025 | 8 replies
These should be reflected in the purchase price or negotiated as part of the terms, such as the seller carrying some of the renovation burden.Use seller financing to your advantage by proposing a price closer to $225,000-$250,000 with terms such as 20% down, a low interest rate (4-5%), or interest-only payments for 3-5 years, with a balloon payment once renovations are complete and cash flow stabilizes.If the seller is firm on price, consider negotiating higher down payment terms to reduce the financed amount, paired with interest-only terms or a price reduction tied to renovation milestones.Key questions to address include the condition of the septic system, which can be a significant expense if it fails.

15 January 2025 | 18 replies
., short-term rental, mid-term rental)?

21 January 2025 | 18 replies
What about refinancing costs or what ever costs that occurs at the end of the loan term?

19 January 2025 | 4 replies
How Energy-Efficient Windows Can Save You Money" – Educate about long-term savings."

21 January 2025 | 4 replies
RentRedi is perfect for applications and background checks (you can also set clear lease terms and automate rent collection through RentRedi).

26 January 2025 | 48 replies
We have a lot of owners convert to Mid Term or Long Term rentals.

21 January 2025 | 20 replies
I wouldn't have any problems paying an agent under terms like this for their service(s).

15 January 2025 | 2 replies
Since you’re considering converting the upper unit into a short-term rental, you may also want to implement strict rules around smoking or strong odors in your house rules to avoid future issues.

22 January 2025 | 12 replies
A good property manager can help with tenant screening, enforce lease terms, and handle evictions more efficiently if it comes to that.Require a Larger Security Deposit: Within the bounds of local regulations, a larger deposit can provide a cushion in case of damage or unpaid rent.Consider Rent Guarantee Insurance: Some companies offer insurance products that can cover lost rent in case of tenant default.