Cathy Kendall
shortening a lease renewal
My tenant's annual lease is up this month and they want to do a month to month since they are job hunting, and could get something at any time. My concern is covering the turnover time, and I am trying to figure out ...
Lorraine Patterson
Long Term Stays in my STR
Happy Monday, I have a booking inquiry for 44 days, they are snowbirds they have been verified on VRBO since 2015 and they have 2 Five star reviews as guest. Is hosting long term stays over 28 days a bad deal regardle...
Sean Miku
BRRR/STRP Management Lease?
On a traditional BRRR, you refinance with an executed long-term lease.
Has anyone had their management company sign a LTR lease guaranteeing the minimum lease amount of rental income for the refi and then have the m...
Doug Diamond
Financing a STR using series LLC
I own a couple of SFH that I use as short term rentals. I'd like to continue to expand, but when financing a short term rental, banks usually want 2 years of tax returns. My problem is that my last 2 years of tax re...
Zach Simpson
Why Would You Do A Month To Month Lease?
Hey everyone!My wife and I are very young (both 21) and we have our first baby due in October. To make a long story short: I am wanting to get a headstart on real estate investing. As of now, I am really thinking it i...
Mark Douglas
Reduced rent for longer lease terms?
I usually do a 1 year lease, but I have a vacancy I'm getting ready to fill, and I'm tossing around the idea of offering a slightly discounted rent with a two year lease. I've heard that if you offer a great property...
Brian Jackson
Mobile Home Park for Tax Sale
Looking at a piece of property but would love to see the history on it. It's a old mobile home park if it makes a difference. Any sites to get lien info, code enforcement tickets ? It's been abandoned for a few years,...
Brandon V.
New Property - Inherited Tenants Questions
Hi All,I just got an accepted offer on a four family building! The good news is its all rented out. The bad news of course is seeing some of the leases. On one of the leases it states that the Term is for 12 months...
Maggie Jones
Cash out refinancing timing for duplex
Hi All!I apologize if this has been addressed before and would be thrilled if someone could point me in the right direction.We just completed a $100k+ remodel of the rental side of a duplex in Los Angeles (we live in ...
MIchael McCUe
What do the majority of commercial and industrial properties use for financing ?
I’ve always wanted to know Interest only ? Or conventional ?