It appears here there is a class action lawsuit in the works against airBNB by property owners for apparently leasing/subleasing of their property without consent. How large can the class get? Nationwide?http://www.pr...
What have been your hardest lessons learned in short term rentals? I'd be curious to hear the experiences that others have had. I'd say my hardest lesson learned is overestimating how quickly a new property will reach...
I have been searching the HEROES act trying to find if I can evict a tenant for violations other than non-payment of rent? Such as I have a tenant that is violating the lease in many ways I.E. unauthorized guests liv...
Hi, BPersThank you all for the helpful advice on my first short rental in my previous posts! I finally finished the reno and decor and now it's up for renting. So far, I have 64% occupancy in 30 days. It is much more ...
Hello ALL
I've purchases and self manage a 12 unit apartment building for approximate 1 year and a few months. I have assistance and marketing and screening and a on call handyman. Yeah this isn't my best system bu...
BP community, I'm in need of advice from seasoned STR property managers. I have been in the STR game for about 3 years now. Just recently I acquired another STR, this one out of state from where I live.The property I'...
In your opinion, is 30% a reasonable fee to pay a property manager to do the following:
- Arrange for interior designer/furnishing property (actual expenses I have to pay)
- Promote/advertise rental and respond to a...
Rental property: Tenants found 'wet spots' on the ceiling in 3 different rooms. I've called out 2 different contracts so far. We have been in the attic and can clearly see the 2 areas where wood is rotten (probably 2-...
Hi all,I am trying to figure out if I want to buy a property. Situation is this... Rented at $1600/mthHouse cost $215kFixed cost are PM, HOA, INSURANCE AND TAX = 160+13+50+230=$453Current mortgage rates are my strug...
This deal. I need an inspection of a 6 family unity each Unit being 1600 sq Ft. How much time should that take. My inspector is stating that they 5- 6 hours. The seller is saying that 3 hours should be enough. I ...