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5 November 2024 | 4 replies
The plus side is the airbnb supply has fallen and we have noticed a HUGE increase in our gross STR rents, roughly 20% higher then a year ago.
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8 November 2024 | 19 replies
Reason we are trying this strategy is just due to the fact that just like the rest of the country there is limited supply in this market.
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4 November 2024 | 1 reply
With the city's growth and relative affordability, we're looking at a rental demand that's expected to outpace supply.
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1 November 2024 | 7 replies
Start a paper trail.Otherwise, as long as rent is coming in, just hold on (hopefully) until the lease is up.It is your obligation as the landlord to make necessary repairs in a timely fashion.
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7 November 2024 | 22 replies
She/he should be able to provide you with a chart of accounts to choose from, such as Repairs & Maintenance, Supplies and Amenities, etc.
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5 November 2024 | 22 replies
Total still owed $13,600 (rent, late fees, legal fees) and $550 for the locksmith.Place reeks of pot, she had her adult son, who by the paystubs left behind only made $152 a month and spent his days laying on the couch (which reeked of pot) smoking and playing x-box (abandoned and power supply cut up).
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1 November 2024 | 30 replies
So until supply loosens buyers will be forced to get creative and pay up.I don’t think it’s the overall crazy demand like you’ve seen in single families driving up prices- there is just literally almost zero double inventory.I did three doubles last year and still shocked I picked them up at decent prices in Lakewood.
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1 November 2024 | 6 replies
The rent declines in the market are temporary until the new supply gets absorbed and demand picks back up.
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1 November 2024 | 6 replies
For winterizing a property without heat, shutting off the water supply is a key step to prevent pipes from freezing and bursting.
2 November 2024 | 8 replies
Landlord’s only option to collect funds for damages is to take tenants to court.More and more tenants are only having a portion of their rent covered by S8, so landlords need to still screen S8 applicants for portion they must pay.Landlord cannot charge S8 tenants a portion of shared utilities – which can lead to the infamous tales of tenant retaliation against landlord by blasting heat on high with open windows during winter.S8 caseworker response times can be very slow, as they are usually overworked & underpaid.Again, overall it’s a pretty good deal for a landlord that does some decent screening.Exposing Section 8 Housing | Tenants From hell 243 - YouTubeLiberals Blame this Eviction on Landlord Despite the Before & After Footage | Tenants From Hell 241 - YouTubeMy first Baltimore buy & hold investment - SOLD (Lessons learned) (biggerpockets.com)Besides MANY self-labeled "gurus" exaggerating their success, many of them just supply readily available info.If you're too busy to find the info and are willing to pay for it, no problem as you accept their time vs money solution.REGARDING S8 GURU ISSUES SPECIFICALLYMost of them don't share all the facts about how Section 8 actually works.They claim you can get HIGHER rent from S8 tenants vs private-paying tenants.Why would the government allow our tax dollars to be spent this way?