Antonia (Toni) Foster
Move in fee vs security deposit
Hello,I'm a newbie. I recently purchased a 3 unit rental property. It is fully occupied with great tenants. I charged security deposits but from the discussions I've been reading it sounds like a Move In fee is the wa...
Mark Rogers
First flip went well and hit our goal with 3 days to spare
My wife and I closed on the sale of our first flip this afternoon and are pleased with our first effort. We bought a 3/2 sfr at a courthouse auction for about 124,000 on April 11, had to file suit to evict the former...
Farney Ruiz
Legal 2 flat zoning help! Chicago
Good afternoon! Im currently under contract with our first investment/house hacking property and we have come to a small halt. The property we are looking to buy seems to have had an addition added to the top making i...
Ruth Kelly
Advice? Screening app w/ collection items "disputed by consumer"
Hi there, I have some experience leasing for a little over a year, and I haven't run into this particular combination of issues until now. Context: As is baseline standard for screening, I require all applicants to pa...
Patrick DiDonato
Buying first STR - looking for property management company
Hey all,
Long time reader/listener, but my first time posting here!
My dad and I are going to buy a Short Term Rental in up north Michigan. We met with a management company (Evolve) yesterday evening. A couple qu...
Havan Surat
STR Investing Resources
Hi, I have one rental property long term buy and hold property so far in my portfolio. I want to learn nuts and bolts of STR investment as I am looking to venture into vacation market areas in next year. please share ...
Stephan Haas
Toe to Toe and Nose to Nose
Hello Landlords, So I have a 4 unit, with one empty studio....as I am their cleaning it up I get a knock at the door....it's the tenant from another unit and he is pissed at me for calling the cops on him .....long...
Jon L.
Tenant's personal indoor AC unit leaked. Damaged flooring
Our tenant just moved in 3 months ago and brought his personal/portable AC unit. It leaked water into the next unit, out to the exterior, and warped half the family room laminates, which were installed a week before h...
Account Closed
LLC or sole proprietor?
Well... I have been talking about if for years. I think for many, a may have sounded more like a talker and not a do-er. I'll be closing on my first 2 unit in a week or so. I just went ahead with the formation of an L...
Louis Zameryka
Under Contract and Mortgage Terms Just Changed
I’m under contract for a condo for STR and I underwrote with a typical mortgage but my lender just came back after my initial approval to tell me that as of Jan this year Fannie and Freddie now consider the developmen...