the host had tried to contact me to see if I or my dad was there but I was with my kids enjoying our vacation when I saw the messages I replied and he apologized for the inconvenience and asked if I could wait around for the exterminator tomorrow I agreed July 8th the exterminator came and spray both inside and outside July 9th I went to change the sheets in my sons room I took off the mattress topper to find it out and falling apart so much that the mattress was filled with pieces of it I then contacted the host to let him know and as I went to get pictures of the mattress topper I found 2 bed bugs I sent pictures to host and immediately contacted Airbnb I had to insist for the host to send the picture to an exterminator to see what they say (he kept saying he didn’t know what they were and had no solution) and just as I thought it was bed bugs and we had to wash all clothing and spray down all suitcases I immediately collected all belongings put all my clothes in trash bags and went straight to a wash and fold to get everything washed The maids that were supposed to clean the house came The exterminator was going to come July 10th July 10th I told host I’m unhappy with the accommodations and I wanted a refund he refused and said he would only refund me back for the 21st-31st of July.

If the LLC is not on the policy, you leave the door open for the insurance company to not respond to a lawsuit against the LLC.If you get a new policy with the LLC as the Named Insured, you will want a Renters policy to provide coverage for your personal belongings not owned by the LLC. 

They left half their belongings behind, food and even alcohol.

Purchase price: $109,900 Cash invested: $104,100 Sale price: $250,000 Small 2 family property that was in the same family for over 140yrs (with the personal belongings left behind to prove it).

Purchase price: $109,900 Cash invested: $104,100 Sale price: $250,000 Small 2 family property that was in the same family for over 140yrs (with the personal belongings left behind to prove it).

While your doing that save up for your first property while listening to real estate podcasts ,reading books,analyzing deals etc. the grind will be long,  but worth it and youll be ready af by the time you got the money for your first property .And as for your question about not having money to pay for the investment property until it gets rented out , make sure you have a good amount of reserves for each property you buy basically some holding costs so while your waiting to get a tenant you could cover it .  

The walls we're covered in shag carpet for insulation and it was full to the brim with belongings on the day of closing.

So your opinion is that every property should have a separate bank account and the tenants should deposit the money into that specific bank account that belongs to that specific property? 

It is also important to know the authorized vehicles belong to our Residents, and not additional, unauthorized, occupants. 

Anyone want to do dinner/drinks in Tulsa on Thursday night?