
20 August 2024 | 8 replies
Unless you know the previous hosts, I’d much rather vet guests using my own criteria and pricing adjustments.

20 August 2024 | 5 replies
@Dustin TuckerI already own this property with a triplex on it.

19 August 2024 | 3 replies
Working on my own mindset shifts from viewing success as a final destination but more as levels with it’s own set of new challenges and objectives.

18 August 2024 | 12 replies
Any company insuring your properties without an inspection most likely has a clause buried deep in their policy allowing them to deny claims for conditions found on the property that do not meet their UW standards and they will deny you claim based on "the house should have not been insured with them anyway".Although the inspections can be annoying look at it from the other side.You pay them 1000 to 3000 a year to insure a rental property where they agree to pay out possibly hundreds of thousands of dollars if it burns down or up to 1 million if a tenant slips on a bananna peel and falls down the steps or the tenants dog bites someone and since you didn't enforce the tenant having their own renters policy to cover the dog bite the landlord's policy is paying out.The insurance company is very much like your rich uncle backing your business venture - you run the business, he takes on the financial risk from disasters, and doesn't even get a say in who lives in the property.Your rich uncle asking you to fix the steps, put up a handrail, etc which is in your and his best interest long term.Do you really want to rent out a property with a busted front step and a bad roof that is going to leak sooner than later?

20 August 2024 | 2 replies
I know there are risks: breaking my window, breaking a tenant's car window, tripping over a cypress knee and cutting off their own foot, etc.

20 August 2024 | 15 replies
I do plan to hold it in an LLC, have good insurance and umbrella as well. 3) Older homes in PS - most of the homes in PS are built in the 40s-50s and for those that own them, do you constantly run into issues with major ticket items - plumbing, electrical, etc (things that are not visible to the naked eye).

17 August 2024 | 1 reply
(It used to be monthly, in-person.)They make money if you buy properties from their affiliates, and can provide additional free, one-on-one guidance via their investment counselors.

20 August 2024 | 28 replies
For example, the properties I manage in Gladstone don't have the same paperwork needed. my brother mentioned Raytown is now adopting this as well he also said something about if you evict in KC you may have to pay the eviction costs of the person being evicted and Raytown could also adopt that!

20 August 2024 | 2 replies
Here's a more professional version of your message:---Hello,I already own two bed and breakfasts, which I have been managing for several years.

20 August 2024 | 2 replies
Therefore, we primarily fund our own deals which is limiting our growth.