Kevin N.
LLC : There are more cons than pros
I'm just a novice investor but the more I read about LLC the more disadvantage i found than the advantages it provides. Cons:cost more to setup, cost more each year to file taxes, can't take out conventional mortgages...
David Krulac
What things have you found in foreclosed/abandoned houses?
In the thread about the TV show Property Wars, it was brought up about things found in and on foreclosed property.
1. In a recent one there was the last occupant's ashes. I called the relative to come get the ashes...
Sarah D.
Military BAH (basic housing allowance)
Is the military basic housing allowance enough to verify a tenant's ability to afford rent? If their housing allowance exceeds the rent amount by $450 but they don't have 3x income requirement would you feel comforta...
Louis Cavallaro
Bank won't close with tenant in house
Hey everyone, I wish I had posted in here earlier and maybe I could have avoided the below issue, but here is where I am now: I'm in the process of purchasing my first home, which is a duplex. Both units currently ren...
Rod Desinord
Being surrounded by negativity and adverse risk takers
One of the things I have learned and to be honest with you I have run across this problem in all fascists of life is to stay away from negative people. I was recently asked what was I doing to make money and I explain...
Rich Maliszewski
Section 8
What are some opinions on going Section 8 - Good - Bad or Indifferent?
Alex Black
Management Company forgot to get signed lease - Columbia, SC
I have a 5 bedroom rental property that I rent to local college kids where the lease terms generally runs from Aug. 1 to July 31. Because I'm renting to students, we start looking for tenants for the upcoming August i...
Tom Sharkey
Should you charge a pet fee in your STR? YES, You should!
Do you allow pets in your short term rentals? There is good justification whether yes or no. We find it works for us in the summer season but it depends on your risk tolerance as pets can significantly damage your pro...
Will F.
Short Term Rentals 3-5 units?Outside Management. Is it worth it?
Hey guys I currently have 30 units locally in South Bay, Los Angeles County, Long Beach etc. 1-2 bedroom units.I was wondering if anyone who has several rental units has converted to air BnB short term rentals. If so...
Francilia Herrera
Tenant abandon my rental and is asking rent refund and moving out expenses reimbursed
Hi Investors..!
I have a tenant that reported moist in bathroom on July 9, 2013. We hired contractors found that there was an issue with roof and in record time, conducted repairs from July 15 to 20, 2013. Ga...