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1 November 2024 | 18 replies
Losing $50k through this is not ideal, but I’m fortunate that it is not a painful sum to lose.What I am seeking is advice on how to leave evidence in the public record that could be found by future landlords and limited partners vetting the GP, who’s seeking $8M total / $250k each from accredited investors per facility as he seems to have a plan to move around the country opening facilities.A $57k bill could be a devastating to many landlords, and I want to help prevent them from experiencing a similar situation.
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31 October 2024 | 7 replies
I would bill the tenant for any charges incurred due to the lease agreement violation.
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1 November 2024 | 3 replies
Hold the bill until they terminate and vacate, then deduct the cost from their deposit.
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29 October 2024 | 5 replies
Not sure what state you are, but here your lease wouldn't be "void" Anything that conflicts with the code would be (landlord-tenant code supersedes leases in DE anyway)I would just say you had them sign an older version of your lease in error and need them on the current one.
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1 November 2024 | 48 replies
I am about to submit to the IRS my log of 500+ hours working in the STR business, most of which come from communicating with guests, cleaners, maintenance people, Airbnb, VRBO, and managing supplies, shopping, bill paying, pricing, calendars, all the daily and weekly tasks.
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4 November 2024 | 33 replies
The appraisals cluster like shooting on a target, but the margin of error is not small, about 10% between the highest and the lowest, which is about as much as a Zestimate.But what do you expect for $400?
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1 November 2024 | 22 replies
If we are start to have problem with maintaining that standard, we will send our lawn guy to mow the lawn and will bill them the invoice. 2.
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31 October 2024 | 9 replies
Some quick heloc calculations I could be approved for maybe 150k. with 8.35% rate 20 year repayment = $1287 bill.
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1 November 2024 | 17 replies
Charging only $800 for $1200 market rent is no different to pulling out your wallet each month and handing them 4x $100 bills.
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31 October 2024 | 7 replies
Anything you guys have found that fits that bill?