Hi all - Thought I'd share some of the "red flags" or warning signs I consider when accepting bookings at our vacation / short term rentals. If several or most of these are present, I won't hesitate to deny or cancel...
Possible ethical misconduct:
I listed a house for my spouse and his brother that was an estate. I sold the house to a close friend who is an investor. He also purchased all of the contents for an estate sale outside...
What do you do when the Tenant leaves personal property behind? Do you trash it? Put it in storage? Sell it on ebay?It's not unusual for tenants to move out - or be kicked out - and leave personal property behind. I'v...
We will be doing an Airbnb from out of state. We have a house that we'll rent the upstairs and downstairs separately with their own access, and the entire house as a third option. The door lock vendors on Airbnb's we...
I have house that I contacted for 8 thousand. Comps have houses in that area selling , on avg 59,000 . It need 20000 in work and I already have a renter ready to go in when is finish. I can't get it to sell, not even ...
I am trying to get started on real estate investing out of the Chicago area. I have be under the impression that using your home address to start a business entity is not the greatest idea. I've read in multiple artic...
This is my first rental and I thought I have found very good tenants...But I'm concerned about this list of "problems" I'm getting from my tenants. The lease started from beginning of April but tenants didn't actually...
I, like most of owners with more than a handful of leases, tend to put some sort of separation between the tenants and me. With most properties, this separation, usually via a management company, is desired to preve...
So I got a colleague request with the following message:"Hi Ken!I am a Cleveland investor living in Los Angeles who is trying to gauge interest with people about organizing a Socal/Cleveland investor meet up.I am reac...
I have a rental that is available near a college (typically students occupy this). I am wondering what people think of the value of 'smart upgrades'. Has anyone done any testing or research on doing some smart home up...