Kevin Lefeuvre
Airbnb doesn't let the hosts check picture ID of the guests
I have been asking for photo ID, it's written in House Rules, listing, everywhere... and when they refuse, I let them cancel within 24 hours with no penalty.In a recent case, the guest complained to Airbnb, who backed...
Trevon Peracca
Lines of credit for buy and hold deals
I have been chatting with a fellow investor about the possibilities of doing joint venture buy and holds. He proposed the idea of using LOCs to fund buy and hold deals and rehabs. I think that it is great idea. You ha...
Philip Aleman
Transfering property to an LLC
A friend of mine was instructed by his mortgage lender to close on a property in his name to get a better rate. After closing he transferred the property to an LLC owned by himself and 2 partners. Now he is having iss...
Jake Zimmerman
Pay off mortgage or rent
My wife and I purchased a single family 3BR 2 bath home for 75,000 in the Midwest at 4.75%. We can pay it off in 2 yrs or rent out @850month. Why not pay it off? I get that we have more dumped in but to pay it off in...
Kyle Smith
Need Help With A Major Renovation Decision - Pull Permits or No?
I'm extremely torn on which general contractor to use and would appreciate any experienced investor's feedback on my situation!Situation = converting a SFH into an up/down duplex. The basement needs a full renovation ...
John Doiloitte
Buyer's Inspection: Can I Make the Current Tenants Leave?
I'm currently selling a rental property in Portland, OR. I have tenants who are in good standing, and have 6 months left on their lease. I have an offer in hand, and the buyer has been shown the house and is moving fo...
Dan Gongora
the city requires me to repair property to code
Good morning BP community,
I recently moved out of my 2 unit rental property. I was renting one unit and living in another. I have now moved out and the city performed an inspection. Turns out the side and front porch...
Michael Garrett
First Timer - Should I stay or should I go?
Budding investor here and would like some feedback on my situation. I have been learning and listening and reading for the past three months. Might not be quite ready to take the plunge and still more to learn but w...
Mark Bai
New York State Eviction
Hi Everyone,
I owned a multi-family property in Broom county in NYS. One of the tenants stopped rent payment about 6 months ago and avoid contact with us. That particular tenant has some annoying behaviors bothers o...
Erin Feit
Wrapping taxes and insurance into mortgage or not?
Hey all!
On the two SFH's I own, I have the taxes and insurance wrapped into the monthly mortgage. I'm curious what common practices are and if there are any reasons why it would be more beneficial to pay taxes and ...