I'm curious if any other counties are looking at changing the assessment of residential short term rentals to commercial for the purposes of property tax like El Paso County (Colorado Springs) is?  This idea was recen...

Hey guys! My tenants will be getting evicted soon and I am wondering, what is to happen with the stuff that they leave behind?! How long before I can get rid of it? Where are there laws that I can read / study to find...

Hello everyone! Today, I'm looking for someone who can do conventional purchase financing on a non-owner oc triplex in Southern California. Here's the catch, the purchaser has 4 mortgages currently and is hitting a ...

Hello BP members,Would like to get some advice. My family owns an apartment building in Las Vegas and we’d made some water damage / flood claims to the insurance company. It’s been incredibly difficult to get the comp...

This clause was in an application I filled out: "If the Applicant cancels this application after three (3) calendar days, Applicant will be liable for damages based on per diem rent for the monthly amount for the apar...

I am doing a deal where I am lending 90K to a group. I am looking to attach a 30K mortgage to three investment properties they have with sufficient equity.Any idea on how much this would cost?They offered personal gua...

What do you guys think about Chloe Eudaly creative idea of this?Commissioner Chloe Eudaly's office has circulated a final draft copy of a renter screening proposal that would take away an apartment owners' right to pr...

Hello All,I am home owner. I own a rental property in GIlbert AZ. I received a letter out of the blue today from an attorney's office attempting to collect debt for HOA dues totalling $2500.  They claim its been due f...

I just heard about a property management company having their tenants fill out a W-9 Form when they lease them up.  This is for the purpose of reporting to the IRS any security deposit refunds of more than $600.I'll c...

I am often asked this question:  "What is my biggest financial risk in buying/owning a short-term rental property?"
Lots of things come immediately to mind:  Septic problems, a new roof, HVAC failure, lower-than-proj...