Grant Criptana
Liability concern on my rental unit
I hope someone can help me out here. I have a rental home that has an issue that concerns me from a liability standpoint.
It is a multi-level SFR. It is a tract home and so I would guess it is to code. The...
Adam Sharp
1st Condo Buy - Running the Numbers
Hi BP Community!I am moving to Seattle in September and hoping to buy my first condo. I am doing some budgeting and wanted to get your feedback to find out if I am planning correctly. I am planning to put 5% down on...
Rebecca Shine
Pests in Neighboring Apartment
Hello!My tenant called a couple weeks ago and said she's starting to see bugs, namely roaches, inside the condominium that I rent to her and her roommate (keep in mind that her apartment is on the third floor of the c...
Corey Meyer
Need financing fast for $189k Big Sky, MT studio STR!
The perfect property that checks all my boxes for a short term rental just hit the market today and I don’t have financing in place!I would like to put in a full price offer on a studio near the ski area of Big Sky Re...
Brian Heimerdinger
Right or wrong idea? Please help
Wondering if I am off base on my plan. I was planning on trying to purchase a rental a year for the next 10 years, but after looking at this site I'm not even close to percentages of return you guys all look for. I ...
Todd C.
"Finder's" Fee Legal?
Hey all--Did a search and I was shocked to not be able to find an answer to this. If I partner with a property management company that manages HOAs, am I allowed (in NY) to offer a "Finder's Fee" to their on-site prop...
Allen Collins
Short term rental at a resort? Rental pool
I've been looking into doing some STR in the area I've narrowed in on. This area has multiple resorts near Mountain Creek in Sussex County NJ. The only downside is that I can't AIRBNB these units out, the resorts offe...
Aaron T.
STR in Gated Community- How do you handle initial guest entry
how do you handle entry procedure for your STR in a gated community? I am under contract to buy a unit behind a vehicle gate in a gated community. do you meet your guest there? have you found a technology solution?
Louis Zameryka
Under Contract and Mortgage Terms Just Changed
I’m under contract for a condo for STR and I underwrote with a typical mortgage but my lender just came back after my initial approval to tell me that as of Jan this year Fannie and Freddie now consider the developmen...
Sam Leon
Equipment breakdown endorsement coverage
Can someone help explain to me what an equipment breakdown coverage is? I mean I Googled it and read it and still am unsure what it really is.We own a condo unit in a small building of 8 units. There is an HOA. The...