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10 February 2025 | 16 replies
Then there are the challenges with Section 8 tenants paying utilities and taking care of their rental property.
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20 January 2025 | 7 replies
Easiest thing to do is to utilize your channel manager to create one (most have this feature) or maybe consider houfy.com or craftedstays.co, they are specific for creating direct websites.
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12 January 2025 | 0 replies
Utilities included.Fully rented.For sale off market.
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2 January 2025 | 4 replies
Probably need a full time manager, but not really big enough to do that unless the rates are super luxury I would think.
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11 January 2025 | 7 replies
Security Deposit: 2600Lease states no smoking/painting walls/no hanging things on wallsTenants have moved out and have left two truck loads of garbage to be removed.Damaged doorPainted walls which got on the ceiling and trim Lots of holes on the walls throughout the houseDamage from windows being left open constantly Weed was clearly smoked in the house (smell throughout the place) so we need to deep cleanWater bill wasn't paid so I had to turn back on utilityMissing keyQuoted costs:$450 junk removal (some furniture)$935 for damaged doors/windows, painting cleaning$30 for utility turn onTenants were only there for a year before moving out so a lot of this is beyond normal wear and tear.
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11 February 2025 | 167 replies
Between graphics cards and utility bills, hard to claim $0 for anyone I knew doing it.
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8 January 2025 | 7 replies
My specialty as an example is working with investors looking to build portfolios of Short Term Rental/ luxury vacation properties all across the US. 90% of my clients use the 10% down second home occupancy loan.
11 January 2025 | 12 replies
The LLC helps when you are trying to do things like turn on utilities.
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21 January 2025 | 14 replies
My advice on sub to is as follows1- COMPLETELY understand the process, implications, liabilities, and possible outcomes before engaging or attempting to engage in a sub to transaction2- Complete disclosure going so far as making sure the other part understands the transaction and possible consequences3- Utilization of an attorney experienced in subject to transactions for setup in such a way that provides some protections in case of default or in case the note is called4- Have a backup plan in case the note is called5 - only use for property that has a TRUE positive cash flow unless the buyer has substantial reserves I myself have purchased 8 properties subject to, but 5 of those were commercial properties which often have notes where a subject to is allowable.
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3 January 2025 | 3 replies
Which reminds me that I should mention that I’m not opposed to living a not-so-luxurious lifestyle in the short run.