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Results (3,076+)
Jennifer Hudgins Property Managers BS fees
29 January 2020 | 23 replies
The stealing and skimming could be the least of the problems.I own and manage my own properties, but also manage properties for others.
Jennifer Maiolo Long Term AirBNB Rental
19 January 2021 | 28 replies
As both a short and long term rental owner I’ll just add a few words of caution here...AirBnB and other vacation rental sites like HomeAway are great for the purpose they originated: short term rentals, but they offer minimal protection for the concerns of many owners needing to secure their properties for longer lease terms.As a traditional property manager I’m far more interested in ensuring I pull a full criminal background check, speak with a potential tenant’s present and prior landlord, confirm consistent employment/income sources for > 6 months, and ensure a potential tenant has a track record of paying other bills they have agreed to in writing like credit cards, car loans, and others.On the contrary, at best AirBnB/HomeAway/others give me the following info on guest/tenant: a blurry selfie (that could be their dog)confirmation of a non-specific government IDconfirmation of an email address I can’t seecurrent city/state of residencelist of reviews by individuals running a different AirBnB (that I have no way of confirming is not the guest’s best friend)Property insurance secured by (and in the interest of) someone who is not meWhile I’m OK with taking a gamble on unknown guests using my property for short term stays, stays of longer than 1 month generally involve: Someone looking to move significant belongings in with them (that I cannot legally remove in most states)Moving in for a period of time they’re generally unable to pay for entirely upfrontTenants receiving access only after a legally-executed lease, criminal, background, credit, and income check that’s par for the course in a professional, term stay arrangementEven beyond the blatant lack of risk mitigation tactics common in long term lease agreements, the fact remains that many STR platforms are also skimming 10-20% of gross revenue off the top of owners’ profits for little beyond the initial SEO and payment processing.
Bruce P. How to handle refrigerator sharing for individual Airbnb rooms?
22 January 2020 | 10 replies
I would not offer eggs or milk, let them bring their own, maybe just creamer for the coffee and you can get the non-refrigerated little cups. 
Lyndal McMurphy No heat/hot water, tenant wants a hotel
1 January 2024 | 58 replies
I only skimmed the responses so this may have been already mentioned but I missed it.We require our tenants to have renter's insurance and indicate we do not pay for alternate housing.  
Mallory Guerrero Tenant won’t vacate due to health issues
11 January 2020 | 36 replies
It's understandable that some will milk it with a bad tenant.
Annette Schneider Having trouble finding a good tenants
22 August 2016 | 10 replies
You can pre-screen your email responses more efficiently this way, which will allow you to skim the cream off top more easily.  
Heather Johnston Morris Invest - Update and/or Alternatives?
20 October 2023 | 47 replies
I dug around a bit and found there isn't much of an update (most recently updated article linked below): it seems that the Morris family is still in Portugal and purporting to be victims, some of the lawsuits have been dropped (or dismissed in part - the one I skimmed was partially dismissed because the claim didn't allege all of the elements of the asserted wrongdoings), and some of them seem to still be awaiting for Clayton to return to be able to serve him.Clayton Morris And The Morris Invest Fraud AccusationsInvestFourMore(Last Updated on February 17, 2022 by Mark Ferguson):He still promotes buying out-of-state turnkey rental properties.
David Weiss Sub2 + Wrap = Good Idea?
16 May 2013 | 26 replies
In that matter there was also some rent skimming by the buyer for a few months with the buyer "walking away".
Wayne Yates Serious question - Rent, or live in an RV?
26 April 2017 | 61 replies
water here is $150 dollars a month (for 1,200 gals), gas is $4.99 a gallon down from $6.00, milk $8.99 a gal. 
Russell Brazil Be Careful If You Are Overleveraged
20 March 2020 | 140 replies
I think people just like to skim over that part and focus on the pot of gold at the end.