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Hi there! Just about to buy my first vacation rental in the Gatlinburg/Pigeon Forge/Sevierville area. Have been pouring over properties as well as monitoring prices/bookings on AirBNB and VRBO. Very excited but want t...
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Ok community - coming to you with the big question and need some pro advice. In about 2.5 weeks, if all goes to plan, I'll launch my first STR. It is for a ski condo which we closed on in October and have been renovat...
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I have a potential deal I am looking at, and the listing agent mentioned multiple liens on the property. We ran a check on the title and it only shows that the owners are behind on the payments an no mentions of any l...
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Hey Everyone,I'm brand new to the scene, been listening to the podcasts and getting at a lot of the incredible content on this site, it's really an incredible resource. I'm in Chicago, IL, and I'm looking to buy my f...
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So I'm about to make make a lease with my property manager, this is my first time, and I'm confused to what to add to the lease. What should I add if the tenant damages the property or if they don't pay the rent? What...
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I have an owner-occupied duplex in Oakland and have an eviction process looming in the future. I have done preliminary research on some local firms and have seen some mentioned on this forum. I was hoping for any pers...
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Hello,
I've been reviewing my business expenses recently and have been exploring different ways to control my monthly expenditures. One area that caught my attention is insurance, specifically the trade-off between d...
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Hello,
I was wondering if anyone can list the steps to follow when purchasing a sub 25K property cash, for sale by owner. Can i do this without an agent? My current requires a minimum of $2000 commission. The prope...
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Hi all, I wanted to share my recent experiences with turning our garage studio apartment conversion into a short term rental. We have had great success and so far no real issues. The income has paid for the mortgage f...
Hi BP-- This is my first post. Well, my first everything actually. I've screened and approved my first tenant on my first investment property (duplex). Here's a brief rundown on the situation:During the lease signing ...