Jeff Skinner
New Investor Ohio
1 January 2025 | 14 replies
@Jeff SkinnerRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
William Vreeland
Section 8 Indianapolis
21 December 2024 | 6 replies
There has been a lot of emotional damage to both sides.
Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
That led to uncovering significant water damage throughout the first-floor unit's bathroom, forcing an immediate renovation.
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
8 January 2025 | 33 replies
I as a lender as part of settlement had our servicer unwind some negative reporting.As a sidenote I saw a post online somewhere else where someone who had an owner occupied home for several years relocated for work and teh servicer sent a letter telling them they are not in compliance with their loan because it must be owner occupied for the entirety of the loan even though the loan docs say one year....Again, servicer overstepping their boundsI am going to dig deeper on undoing the credit damage.
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 replies
@Adam OrtizRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Divya Sosa
Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
Their behavior will not get better, the longer they stay the more damage they will do to your place and erode your rapport with your neighbors.
Ken Latchers
Booking.com. insane not to use.
9 January 2025 | 59 replies
I've collected thousands in security deposit from my guests who've caused damage.
Garrett Brown
What is your biggest struggle in the STR world right now?
26 January 2025 | 48 replies
I have done small things like switch from glass wine cups to acryliic ones that look like glass and take a damage deposit of $250 that helps mitigate small things breaking that are over $50.
Chris Yeung
Investing in Norada Funding's notes
19 December 2024 | 55 replies
Dress Barn & Radio Shack...what??
Marc Shin
How do i create a STR guestbook for free?
21 December 2024 | 7 replies
It’s easy to switch it up or add to it or replace it if parts or the whole thing gets damaged.