Mike Sather
Is anyone using "Worry Free Waivers"
13 November 2024 | 5 replies
@Mike Sather I haven't used them but the issue would be still having to have a hold deposit in case they commit and then bail.
Amanda Skipper
First time out of state investor
23 November 2024 | 38 replies
Usually gets people to open up and it's usually easier for a buyer to see how committed they are to the profession.
Alex Thomsen
Earnest money deposit on a new construction
17 November 2024 | 13 replies
We negotiated the price down a bit from $350k to $340k and the construction company is committed to pay 2% of seller's paid costs as incentives if I use their preferred lender.
Mad Dendukuri
When is relocation to tenants required for doing repairs
13 November 2024 | 8 replies
This ensures you’re protected in case of disputes and shows your commitment to maintaining the property thoughtfully and responsibly.I know this was longggg, but hope it helps you or anyone else with this same question.
Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
I don’t know if the subject sponsor committed fraud or not.
Karl Kauper
Are there no actual property owners on BP?
15 November 2024 | 18 replies
My wife and I had a lot of money stolen from us by a so-called property manager in Cleveland (who was later brought to court by the attorney general due to other crimes he committed) and we ended up being able to place the property with Re/Max Haven Realty.
Robbie Shiver
Short Term Rental Alternatives? Need Help/Ideas
12 November 2024 | 7 replies
It has a lower turnover than STR but can bring in higher rent than traditional leases.Co-Living Arrangements: Renting rooms individually on a month-to-month basis could generate more income than a single long-term lease while reducing management hassle.Furnished Long-Term Rental: A furnished rental could allow for higher rent and attract tenants who don’t want the STR commitment but still value flexibility.Partner with a Local Boutique STR Manager: Some local companies manage STRs with lower fees than Airbnb's traditional managers and could help keep profits up without 20% fees.Hope that helps you with your decision!
Collin Schwartz
Trading W-2 for Self Management- 0-92 Units in 16 months!
1 December 2024 | 377 replies
Thanks for sharing Collin, I especially appreciate the honesty and transparency on the time commitment and that it is 'not' a passive income play considering the amount of effort you put into this portfolio.
Crystal Harris
Junior Tax Liens
10 November 2024 | 2 replies
Here’s what I believe everyone except maybe the most experienced investor should do BEFORE committing to invest directly1.
Caryn Seifert
Pet deposit, Pet Fee
12 November 2024 | 15 replies
I would say if you vet the tenants appropriately no dog should commit that much in damages.