Say, I purchase a small distressed apartment complex for 500k that is valued at 600k. I renovate the apartment using an equity line (Is this a good idea, in terms of the source of funds?) My goal is to renovate the ap...

I had a tenant move out 3 months ago. He never left an address for me to send him his security deposit and he just sent me an e-mail saying he wanted his deposit back. We forfeited it 60 days after he moved out as we ...

Hey all,I stumbled across AirEnvy.com tonight, and this service almost seems to good to be true. Just wondering if anyone has experience using them to manage their short term vacation rentals? I'd love to buy a house ...

Hi,
I have property with a PM....as part of the agreement any late fees go 100% to the property manager.......my tenant moved out without paying last month's rent and the property also had a bit of damage and repair ...

I'm in escrow on a property in Maui that we'll be using as a vacation rental.  We were originally planning on going with a property manager at 20% just because of the ease.  The more and more I think about it however,...

I'm looking to get my first STR.  The goal starting off is a place that my family enjoys visiting and renting the rest of the time.  I recognize that when my family visits I'm hurting my profitability, but that would ...

Just got a call from a tenant parent and the January electric heat bill was $1100.  In past years the highest it went was $800.   The heat is all electric baseboard with one room with under floor heating on slab and o...

What is one thing you've added to your lease that may not be in the standard lease that has prevented a problem you had from happening again?  Not looking for the specific wording unless you'd like to share, but the "...

Recently, I've been experiencing some confusion as it relates to cash flow, expenses, and the concept of self-sustaining properties.At some indeterminate point in the future, I want to have replaced my monthly w2 inco...

I own a single Cabin in a vacation town in WA state that I use as a family vacation home and STR. When I first bought it 5 years ago I lived 2 hours away, had never owned an STR before and worked full time so it made ...