Joe White
Renting Out A SFH By the Room
As a property manager, I often get requests to manage SFH's where the property owner is renting out each bedroom - by the room. I always turn down these clients due to the legalities. You simply can't rent out 8 units...
Steve Leonard
Foreclosure Bid Question
Good Evening,I found this estate for sale that is owned by a loan servicing company now it's been on the market almost a year. Description says Cash sale preferred. Listed for $550k about half of what it's Tax Value ...
Roberto Rohann
Buying a home with unpermitted work (bathrooms etc)
Hello all. So I’m looking at houses in the westchester and just outside of NYC area. A lot of homes have had bathroom and kitchen modifications without permits. Things such as added showers to half baths and bathrooms...
Anthony Hollis
Listing a Wholesale Deal in the MLS
Good afternoon everyone. I hope you all are well today. I'm reaching out today for some advice. I landed my first wholesale deal and I'm at a shortage of interested buyers. I'm a licensed realtor in NC and I would lik...
Nathan Gesner
Half of LA Short-Term Rentals Breaking the Law?
https://laist.com/news/housing...
According to this article, a recent study showed nearly half of the LA short-term rentals were in violation of the law. LA collected $40,000 in fines last year, but could have collec...
John Bruccoliere
Finders fees @ closing
I just lined up a cash investor to purchase a property from another investor for his rental property portfolio How can I work in a finders fee @ closing?
Nicholas A Haines
Mason Dixon Line BRRR plans
My plan is to purchase foreclosed homes on the PA side of the Mason Dixon Line. With the low cost of living and lower prices of homes in the PA market mixed with the fact that MD is looking at a $15 minimum wage in th...
William K. O'Keefe
Tenant Refusing to leave after lease is up. (Michigan)
After the better part a morning deal with an irrate perspective tenant over my pet fees. I'm very curious about the legal aspect of pet fees. Is it illegal to charge pet fees to an emotional or service animal. I'm cur...
Jordan L.
Homosexual renters vs straight renters. Doesn't matter so long as they pay?
Since "don't ask don't tell" was officially repealed today, I'm curious to RE investors, does it matter if your renters are gay or not? If you have gay renters, annecdotally as renters, are they worse, better, or the ...
Alex K.
Should I include WiFi and TV in my rental?
Hi everybody and thanks for the great place to learn REI.
I have a 4-plex that is almost renovated and I'll be turning it over to a PM real soon. I had the idea to get a satellite TV account and connect 4 receivers ...