I understand that I need to hold the tenants security deposit in a separate account... I was thinking of putting into a high yield savings account 1.9% or possibly putting into a 12 month certificate of deposit at abo...
Hey guys, nearing closing on my first investment property. The property is going to need flooring and paint. In your opinion what is the best flooring for a rental? In terms of it looking stylish and durability? Where...
Hi everyone! I need some immediate help here. I've been working on renovating a rental for a few weeks now. This morning when I arrived at the house at 8:30, there are three suspicious people standing at the back of m...
Hey all, I think I'm posting in the correct forum. I see that vacation rentals are very popular in Hawaii. I'm looking in the Puna area, south of Hilo. For anyone who has experience there, what would be better, vacati...
I'm curious on your thoughts about creating a plan prematurely.
Do you think a plan is futile if you know nothing about real estate? I write this doing extensive RE work/research in the last 2 months, and FINA...
I've never sued anybody but my ex property manager was so negligent that I'm seriously considering it.
Can it be done? Any tips on how to do it?
The negligence includes:
improperly screening 2 ten...
Hi BP,
Is there really a such thing as a private lender? From what I understand, a private lender in a person or group who evaluates deals and lend their own money to a borrower. What I frequently observe are hard mo...
I've recently had some students interested in renting from me. They will use student loans to pay rent. My screening criteria requires income of at least 3 times the rent. How do I qualify these students when they ...
Hey everyone. I’ve got an unlicensed/uninsured handyman whom I pay cash to do little things around my properties. He works hard and does great work, always happy to find something he can do.
I’m doing two heavy reha...
So here’s a silly scam that I’ve never read about. I use Cozy as a PM tool, and as great as they are, they were no help on this one. So I just evicted one of my tenants, and right before she left, she disputed her la...