Jim Farrell
Dodd Frank
I'm an investor new to the note side, and keep hearing "Dodd Frank". I understand that this relates to federal law passed in the last few years under the guise of "helping the consumer".It may be way too complex to a...
Dean Smith
Self Directed IRA and short term rentals? any suggestions?
I am new to investing (though have been in the new home industry for 29 years) and i just recently opened a self directed IRA of which I bought my first investment home. Has anyone had success with a short term rental...
Matt Bailey
To-do list for taking over property with tenants - NEWBIE Help
I will be a NEW GREEN landlord in a few weeks. I am buying a triplex with tenants in place.What do you wish you would have learned before DAY 1?What should I be doing to prepare?Pitfalls?Mistakes you wish you had not...
Christian Carson
Creating a third unit in the attic -- a debate
I recently bought a second duplex on the same street as a triplex I own. They are functionally the same construction--1920s-built, up-down 2br apartments of about 1000 square feet each with front porches, and a fin...
Chris Ivy
File state taxes if net is a loss?
Hi all, I have an out-of-state rental in Oklahoma. It's net income is a loss due to high turnover costs, management fees, etc. If my net income (rents- expenses and mortgage) is below $0 do I still have to file in O...
Minna Hu
Advise needed on working with city inspectors
HiWe recently asked for fire retrofit inspection of our building as it is needed for refinance, some of the units didn't pass audibility test, so we added wireless interconnected (battery-operated) alarms into the uni...
Account Closed
City suing landlord for $1.2 million for 'illegal' airBNB rentals
City apparently feeling unheard when landlord and airBNB appear to be dismissive about rental ordinances.http://nypost.com/2017/05/14/city-smacks-landlord-...Here you have landlord suing tenant for $300,000 for illega...
Steven Rosenfeld
Are STRs Played Out?
Would love to get into STRs, particularly in warm climate, waterfront locations that can operate year-round. Anyone know of markets that have some value to offer? Seems like the "usual suspects" are in bubble mode. Th...
Chris G.
Tenant Filing Lawsuit Against Me?
I manage a property where the tenant has paid rent on time for the first few months but the last 3 months the tenant has paid late by almost 20-30 days. I usually reach out to him once to twice a week asking when rent...
Conor Stephenson
Acquiring Properties - Best Approach Based on My Income
Hi Everyone,
I'm looking to start to invest in rental properties (ideally small multi-family, potentially value-add). My question is around how folks are acquiring so many doors in just a few years. I'm 28, I make ab...