John Park
Airbnb going the way of the dinosaur?
I have been exploring the possibility of Airbnb and short term rentals, but lately there has been a lot of discouraging news about cities really cracking down on Airbnb's short term rental model. San Francisco and Par...
Daria B.
tenants report mold but restoration company says nope not there..
This gets stranger by the moment. Just wanted to share....Tenants where renting for a full year and then renewed last Oct-2015 for another 2 years having already lived in the home for a FULL year prior to the renewal....
Willie Brown
Autumn Property Management
Hi guys, I'm an out of state investor and have one property in Detroit. Currently have a tenant that use to be section 8 as of 3 months ago so there aren't any rents coming in. Anyways for whatever reason I haven't be...
N/A N/A
Weird, weird, weird landlord behavior.
I came across a "for rent" sign, called, and subsequently rented from a guy after he agreed to repair some things, or pay for items and I'll repair them. The apartment looked rough upon initial inspection, but appear ...
Raj I.
$5500-$6500 for setting up a Holding Co+LLC - Thoughts?
Thanks for reading this post.I understand that setting up an LLC is not required in RE, and if anything it can be a pain to file returns depending on how you set up your LLC's.However, I am looking at a couple of prop...
Christine Swaidan
Mushrooms Growing On Ceiling :(
Hi all. Last week after a heavy downpour in SoCal tenant notified me that there were dripping leaks in two bedrooms. Above these two bedrooms are a sloped roof and a roof top deck. There were two small areas of mildew...
Marc C.
Syndicators: Why can't we make distribution calculations simpler?
Many syndicators/sponsors are offering a "waterfall" payout arrangement to their investors, whereby the investor first gets a "preferred return "of 8%, and then 75% of any cash flow left over after the preferred retur...
Keith Belzner
Tenant / Buyer does not exercise option, now what?
Hi BP, Searching around but have not been able to find an answer to this question:For example I get property from seller with a L/O and then sell the option to tenant/buyer for my fee then get out of the picture. Aft...
Jessica G.
Foundation damage and other issues
Hello all! It has been a few days since my last post; therefore I have new questions.
In 2006, we purchased a SFH that had been flipped. A few months after we moved in, the house started to crumble around u...
Account Closed
Gun Issue in Tenant's Apartment
I am hoping to get some input on the community as to how to best handle this issue:Last week a gun was fired in a tenant's apartment, it passed through his unit and went into another unit. Luckily nobody was hurt. I...