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Property owner class action airBNB lawsuit. All owners can join?
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...
David Beard
Private Lending for Buy & Hold
I was interested to hear what others might be doing in securing non-bank financing. We all have a circle of potential lenders/acquaintances that we could tap, without the hassle (or outright impossibility) of dealing...
Mindy Jensen
Investor NOT protected by LLC?!?
A new development out of Atlanta this week. An investor has been held liable for the exceptionally poor conditions of his properties, even though they were held by an LLC that was not under his own name. He argued tha...
Stephen Thomas
How do I lower my W2 income?
HELP OFFSET HIGH W2 INCOME! As the end of the year quickly approaches, I have maxed out my 401k and wife’s 401k and both IRAs. We have a primary residence and a Airbnb rental unit that we own and manage. We purchased ...
Patrick Bavaro
Day 4 as a Landlord, and need to get rid of my tenant
Hello BP! As some of you may know, I recently became a landlord over the weekend through my first house-hack. I'm attributing this issue to being new to the game, and not executing my application/screening process as ...
Bryan Balk
Does anyone else think this is really F'ed up
And Obama just vetoed a bill that would make it easier for banks to foreclose. Can anyone out there tell me a story about someone that has been paying there mortgage and was accidentally foreclosed on?????? ...
Michael Baum
Lending on Short Term Rentals. What I discovered and confirmed.
Hey everyone. There has been a few posts about lending on STRs. Some have said that a working Short Term Rental is worth more than a similar comp in the same area based on that revenue.
I have said for years, along w...
Brent Huling
My appraiser gave details to the seller
I am in the middle of purchasing a home as a fix and flip rehab loan. The ARV did not come in at value and the lender is asking for $50k more out of my pocket. I wasn't feeling comfortable with the deal and was deba...
Christian Hutchinson
Airbnb's no-camera policy
Hello,
I have a property I rent rooms out to individuals. I literally had cameras installed last week. AirBnB is one of the platforms I use. I installed them in the common hallway, the entry door, kitchen, and a co...
Will Sifert
Another state making changes to their tax sale laws (Louisiana)
Summary from what I have read and what was explained to me. There will be a state wide election in December to change the tax sale laws. To me it sounds similar to Florida. The state is pushing for it and I am sure we...