Antea Alexander
Tenants have extended guest!
Ok! So I own a duplex and I live on one side. I am a minority so I say this from a good place. We rented the other side to an Ecuadorian family of 5 (husband, wife, and three kids). For the last week I have seen a fam...
Amanda Thompson
Sneaking in an extra pet
I have brand new tenants who apparently snuck in an extra cat. I was clear when we met that we have a 2 pet maximum. It's also stated more than once in the lease, and they have a pet addendum. My maintenance guy told ...
Stephen Richerson
Wet North Charleston Flip.
Investment Info:
Single-family residence fix & flip investment in North Charleston.
Purchase price: $81,000
Cash invested: $30,000
Sale price: $150,000
This property was a great project excep...
Raymond Hill
Dog in 2nd unit (Husky Breed)
Hello Everyone,I have a client who is asking for some advice on a 3 family he just purchased. In particular, a tenant has asked her if she can can have a dog. It's a husky, and the tenant tells her that it is trained....
Account Closed
Why do some 1st mortgages prohibit a 2nd mortgage?
I've noticed this in several 1st position notes but never fully understood why. I have some ideas but am curious what others think.
Andrew B.
New Dog (Pet) Guidelines
For the first time I have a tenant who is getting a dog while under lease. Tenant had a dog previously (dog died a few months ago) so I know I can trust them with a dog. We have already said no puppies and our HOA lim...
Allen L.
Rebuilding a home is it worth it
Hi guys,I'm evaluating a fire damaged home. It has a good foundation but half of the house is burned down, so my contractor recommended a full frame rebuild. The house is about 1000 sqft in a ok area of town. He quote...
Mariah Jeffery
Mechanics of seller financing
I'm about to make an offer on a multiple-property deal with seller financing and I have some questions. I assume if the deal gets accepted, I'll need to get a real estate lawyer but in the mean time, I'm thinking of t...
Nicole Masters
Changing Our Airbnb to Pet Friendly
Hi STR friends! After listening to a lot of different podcasts and discussing this with some friends, we've decided to change our Airbnb (located in Yucca Valley aka Joshua Tree) to pet friendly. We were getting plent...
Josh Shrader
First property under contract, pets?
Just want to say thanks to this community. I've been lurking for a while, reading, and trying to understand what it takes to make moves in this space. I'm currently under contract on my first rental property. 2 bed 1....