Elizabeth Rose
Underwriting a PadSplit deal - assumptions and operating expenses
4 December 2024 | 9 replies
I've read a lot of posts in the forum here on the pros and cons of this strategy... what I would love is some insights from actual PadSplit hosts on the assumptions/operating expenses to take into account when evaluating a property.
Brittany Farrell
Business Partner Dispute (demanding $125k)
12 December 2024 | 5 replies
Her lawyer is a bully, and has provided 0 documentation to support his #, but is holding firm to that number.
Josh Holley
Seller won’t return EM
31 December 2024 | 97 replies
I have an attorney at a downtown Cleveland firm and I’m wondering if that’s my option to get the EM back?
Heidi Thompson
Padsplit insights please
5 December 2024 | 31 replies
I'm an investor, agent and PadSplit host.
Jaskanwal Preet Singh Chhabra
City citations with padsplit/coliving
3 December 2024 | 0 replies
Recently I have been hearing about multiple hosts in Texas that are getting citations for operating a coliving facility with occupancy greater than the permitted number of unrelated occupants.
Ren Lok
Furnish Finder vs ?
10 December 2024 | 22 replies
It just has to do with how each platform markets themselves and what kinds of guests come through.I am an investor and co-host in Dallas, Texas and that's generally the posting rules I go by.
Harita Konjeti
Tenant leased 3 weeks back and paid half rent for first month
7 December 2024 | 2 replies
It’s also important to remember that allowing partial payments without a plan can set a bad precedent, so it’s best to handle this firmly but professionally.For the future, collecting the first month’s rent in full before move-in can help avoid situations like this.
Anthony Jackson
Norada Capital Management Promissory note investment
8 December 2024 | 37 replies
A post on the official Norada Capital Management website from 2022 (attached screenshots in addendum), boldly states the following:“Norada Capital Management offers investors opportunities to invest in Promissory Notes with fixed rates of return ranging from 12% up to 17.5% per year,” ( Link ).In explaining the use of proceeds from the promissory notes—specifically the entities Norada Capital Management, a private equity firm, supposedly lends to in order to generate these high annual rates, the company states that:“Three of those five categories that our company invests in as a private equity firm include e-commerce-based businesses very lucrative area, especially if you’re in the right area of e-commerce.
Raza Rizvi
STR laws in Cincinatti
5 December 2024 | 5 replies
But most likely you are going to have to find something else.What @John Underwood was getting at is that co-hosts or other managing people are very close to the property to handle all the issues.Also...
Katharina Bormann
General non-responsiveness from tenants in adhering to agreement
10 December 2024 | 9 replies
Ultimately, you want to be fair and firm.