Account Closed
Due On Sale Being Called!!
13 January 2025 | 41 replies
Actually, to allow access it is an authorization.
Jonathan Greene
How to Diversify Your House Hack to Recoup More Cash Flow
30 December 2024 | 4 replies
Being able to A/B test MTR at the same time would allow you to know if you can convert the STR to MTR if you ever want to move out and keep the property.As for the net negative house hacks - I always like to remind people that shy away from a deal because they aren't making money that they are usually still coming out ahead if they are spending the same or less than they would on rent.Great last point.
Karin Recalde
Purchased property listed and sold as a triplex just found out from city it is a SFH
17 January 2025 | 27 replies
ALWAYS verify the unit count and Certificate of Occupancy with the AHJ (Authority having Jurisdiction) BEFORE purchase.
Jorge Caceres
Utilities included worth the risk?
7 January 2025 | 28 replies
You aren't trying to nickel and dime people but just to curb abuse so it should be generous.
J.P. Coghill
Appfolio On Boarding
15 January 2025 | 8 replies
Coghill they are trying to take care of several things:1) Approval to access credit reportsA video tour of my home office (required by the credit repository to show security, so access to office & computers is limited to avoid data theft)Credit checks on me and my partner (required by the credit repository to make sure you are not criminals looking to steal others' data)Copies of the deeds for every property we own (required by the credit repository to confirm you aren't just self-serving)A copy of my partner’s home lease and utility bills (required by the credit repository to prove his legal address, so they can pursue him criminally if he steals data)Business phone bills (required by the credit repository to prove an actual business)2) Approval to use banking ACH system to accept tenant payments and pay ownersBusiness phone bills (required by banking industry to prove business legitimacy)A signed letter from the bank verifying our accounts (to prove legitimate business banking accounts.
David B.
“Live In” Flip Advice!!
14 January 2025 | 10 replies
Appraisers aren't giving dollar for dollar value for ADUs.
Iliana Herrman
Guidance for an Eager BP Newbie
3 January 2025 | 5 replies
If you’re looking for short-term cash flow, you might need to explore nearby markets with lower entry costs and higher cash-on-cash returns, even if they aren’t as familiar to you.
Nate Jenks
Fixed vs "first responder" Adjustable rate mortgage.
11 December 2024 | 10 replies
Also, make sure there aren't additional restrictions on the property condition, compared to a conventional loan.
Ken M.
Creative Financing for 2025
2 January 2025 | 10 replies
The gurus apparently aren't savvy enough to teach how to avoid trouble.It could end up being like a cowboy fest campfire dinner of beans from the old chuck wagon.
Anita Z.
How do you screen an STR tenant ?
25 December 2024 | 22 replies
I find this screens out any guests that could have issues and lays the groundwork for a great stay.It also weeds out folks (in our case) that aren't understanding the distance to town and certain activities in our area.