Andrew Street
Recession/Correction/Adjustment - Thoughts on the Health of STR
Hello Everyone,There's a lot of talk about how the market is/is going into a recession.Typically, during these times, people are less likely to have extra money to spend on vacations.Short term rentals are seen as a r...
Paul J.
Post your best tips for prepping for an appraisal
Hey all,
I am preparing my home for an appraisal. Looking to open a HELOC to fund my continuing real estate adventure, and the higher we go, the more I will be able to do to expand the business..
So, I was wonderin...
Sipan Y.
Private Money for fix and flip
I found a person who is willing to make some investment in my future fix and flip real estate business (private money). Basically I don' t want to do a project as joint venture. He wants collateral for his investment....
Stephen E.
Elimination of Curry odors?
A mature couple of Indian extraction have applied for one of my units. I am working on the application at present and have not finished processing it. They are first generation immigrants from India and it is clear th...
Ali Chami
HOA had tenant in condo I bought...
...can I go after them for damages? I purchased a condo from the bank recently. The owners who lost it had vacated some time ago. In order to recoup lost HOA fees, the HOA rented it out.
The unit is not in t...
Andy Mirza
No Tsunami of Foreclosures this Time
At the beginning of the pandemic, I remember seeing a lot of posts from people regarding an upcoming "tsunami" of foreclosures. Better be ready to take advantage of this opportunity!I had my doubts back then but, the ...
Sangenya Machi
Reasonable CPA fees?
Hi all,Im currently holding a property under an LLC last November. I hired a CPA to do our taxes and bookkeeping. Recently, he sent me an invoice for all his services. It was about $550 for the tax returns, which is q...
Vidit Maini
Need guidance - Should I rent to some1 w a discharged bankruptcy?
Folks,What are your thoughts on renting to someone who has a discharged bankruptcy in 2014 ? What other factors/items can I check to reduce risk in such a case ?Thanks a ton,Vidit
Calvin Lin
Indianapolis landlord told tenants to sell cars and borrow money
if they can't pay their rent or face aggressive removal. I know most of us landlords are not like this and in fact are willing to work with tenants who are impacted by the virus shutdowns, but the media will surely...
Paul Sandhu
Do you ever have tenants that are completely clueless?
Yesterday a new Indian engineer moved into a place with 2 other engineers that had been renting from me for the last 3 weeks. The first thing he asked me was "Who will be preparing my food?" I told him the stove is ...