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25 February 2024 | 14 replies
Purchased a short-term rental in Maryland in June, but live in Delaware, work in PA.
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23 February 2024 | 24 replies
The borrower had short term bridge debt on each of the properties that was maturing in 2024.
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24 February 2024 | 7 replies
I look forward to meeting you, and hope our connection leads to your next deal!
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23 February 2024 | 16 replies
I cannot do short term rentals though.
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25 February 2024 | 17 replies
How can one tap into this niche so that property owners in and around Atlanta can get leads from potential mid-term tenants (such as casts, filming crew, etc).
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24 February 2024 | 4 replies
I am looking at a few properties at the moment to be used as short term rentals (AirBnb/VRBO).
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23 February 2024 | 6 replies
Moving foward: 1) Enter into month-to-month leases instead of yearly (term) - they are the SAME to YOU but month-to-month give you all the leverage should this occur again in the future. 2) You should add a clause to elaborate on and expand on the current 'Noise/Waste' clause and the new clause should focus mostly on nuiscance and violation of other Tenant's quiet enjoyment and the remedies (fines) leading up to eviction if the issue is not corrected. 3) You should add a clause to protect yourself from the other Tenants (the good Tenants) ensuring to clearly spell out that you are not resposible nor do you guarantee that other Tenants will abide by the lease nor is it your respobility to enforce the lease vs. other Tenants, nor do you guarantee safety. 4) This is the most imporant one that will fix most of your issues: Because you are adding #3, you will now add yet another clause that gives ALL Tenants the right to enforce the lease in regards to your new 'Noise/Waste clause 2' against any other Tenant who violates it and will idemnify you and hold you harmless, ensure to limit the right to only the pertinent clauses ---- essentially, if Tenant A complains to you that Tenant B is making funny faces at them... you can inform and remind Tenant A (in writing) that if the issue is a problem they have the right to pursue legal action vs.
25 February 2024 | 10 replies
In fact I sent him 95% of the leads and when I asked him again for our money back, he panicked and said he would work his butt off to get us a house, which was a complete and utter lie.
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24 February 2024 | 2 replies
Keep abreast of local regulations and zoning laws related to short-term rentals.
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23 February 2024 | 4 replies
But if they were public I would, in the words of Steve Carroll in the Big Short, “short everything that guy owns.”