Phillip Austin
Nightmare Tenant - This is why you need a property manager!
24 December 2024 | 7 replies
The best option is to respond quickly and professionally in hopes that they move out.I would give the tenant two options: 1. vacate the rental in one week, leaving it in the same condition as when they moved in, and I will refund their deposit within 72 hours; or2.
Sino U.
If you were to start now, where would you choose?
11 December 2024 | 12 replies
I would pick a major tourist destination where it wasn't saturated with STR's already.That would take some research but you could google top vacation destinations and find a place you would go on vacation.
Parker Bullard
Trying to Break Even by Leveraging Equity
13 December 2024 | 7 replies
Quote from @JooYung Choi: You could consider going for a STR in a vacation market that will give you way more cash flow to pay off the HELOC quicker.
Ryan DeRobertis
Considering first investment property in Puerto Rico
17 December 2024 | 13 replies
Quote from @Ryan DeRobertis: Quote from @Marc Rice: Quote from @Ryan DeRobertis: I am considering my first rental/vacation property and would like it to be in Puerto Rico for a few reasons:--1.
Ana Carini
Payment Processing Options for Cohosts
18 December 2024 | 9 replies
For the experienced cohosts in the group, I’d love to get your thoughts on payment processing options for cohosting companies (LLCs) that position themselves as property management companies but operate without a broker’s license.As an investor and soon-to-be STR entrepreneur, my business will initially focus on managing a small portfolio of vacation rentals with plans to scale.
Marie Copul
W2 Income +500k - What's the best real estate investing strategy for me to scale?
6 January 2025 | 25 replies
I didn't take vacations and worked 12 hours a day, sometimes 7 days a week.
Karin L Mahmoodi
Early Termination (abandonment) of Apartment Prior to End of Lease in Duluth, GA
11 December 2024 | 5 replies
Most states allow you to enter with notice for a valid business reason, and checking the condition of a property that has been vacated is certainly a valid business reason.
Paula Simpkins
Locating Landlord--Is this CRAZY to far?
17 December 2024 | 9 replies
Maybe they're on vacation.
Eddie Espinal
Has any body here used PadSplit for their rental properties?
14 December 2024 | 22 replies
After all PITI, utility, and services (lawncare and cleaning) costs I have $7,225.I set aside 25% of this for my maintenance fund.The remainder funds my lifestyle, wife has a Tesla, and quarterly vacations as well as business growth.In 2023 I am tracking to build 4 duplex units designed as room rentals funded in part from a recent land sale.
Shiloh Lundahl
Those of you on the sidelines
30 January 2025 | 45 replies
I think it sticks to things that have a commercial related valuation like STRs, vacation properties, etc., and less on very good properties in very good neighborhoods.