Hi All,New Member, Always wanted to invest or start to invest in a rental property, Hoping to learn from like mind individuals, Thank you all!

That is, if the host happened to read that email.They sent out new terms of service at that time, and it's addressed in one section: "3.7.7 ...You also acknowledge and agree that we may on occasion offer discount pricing for your Property; provided that (i) any such offers will be available with respect to a broad number of Listings and not limited to your Property; (ii) we will provide you with electronic notice of such discount(s); and (iii) you may opt out of a particular offer."

Why would you buy a property with the risk of the note being called due?

I am looking at a property with a property management service in place and they charge 40% for each rental.

Some settling of a property is to be expected but if it significant enough to be causing issues such as slanted floors, door openings not being square, windows that won't open, etc.

If it helps, I live in Philly and am thinking about B Class areas- SFH & MF properties.

For multifamily investments, using the LLC name is typically sufficient for legal and banking purposes, as advised by your CPA and banker.A DBA may be useful if you want a separate brand or manage multiple properties under different names, but it’s not required for most investors.

I'd love to get info/opinions on whether there is a "standard" amount of time to increase rents in the Bay Area for Single Family Homes.How do property management companies/landlords handle rent increases for existing renters? 

My wife and I purchased our first rental property here in Maui in June of 2023 to use as an STR as it was a consistent market, numbers worked, and we live 5 minutes away from the property so self-managing made sense! 

Another thing to note, certain renovation costs can be eligible for Qualified Improvement Property (QIP).