Their insurance could cover this.Also check with your insurance to see if you have lost rent included in your coverage as well?

Here is a link:https://planning.saccounty.gov/applicants/Pages/Short-Term-R...

I'm particularly passionate about Long term rentals but want to explore other aspects as I learn.Outside of real estate, I am a tech nerd and history nerd.Excited to learn and connect with you all!

I'm seeking suggestions on how to expand beyond my current investments, which consist of one long-term rental and my current primary residence.Background: In 2020, I purchased my primary single-family home near Camp Lejeune, NC, using a 0% down VA loan for approximately $184k.

The tenant's are moving out this summer and I'll be looking for new tenants, however, I'd like to rent out my unit to mid-term tenants while I'm away traveling for months at a time.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Hey Glenn, To keep it simple (and in general terms), bigger banks usually do not fund distressed properties that need rehab.

Based on my experience working with real estate investors and property managers, here are some common arrangements for local handymen and maintenance personnel for short-term rentals:On-call basis:Pay a set fee per call-out (e.g., $50-$100 per visit)Hourly rate for time spent on-site (typically $50-$100/hour)Additional charges for parts or materials usedRetainer agreement:Monthly flat fee (e.g., $200-$500) for basic availabilityAdditional charges for actual work performed beyond a set number of hours or visitsPer-task pricing:Agree on set prices for common tasks (e.g., $75 to unclog a drain, $50 to replace a lockbox)I like the per-task pricing as long as your maintenance calls aren't super frequent.I'm also a hard money lender if you're looking at a new deal to get quotes on soon or if you're looking to refinance a property soon!

Two units are year round, two are mid term.

However, he starts to talk about how you may sometimes overpay for a property because you are not necessarily worried about what the property is worth today but about the “long-term play.”