Jake Silverman
When to get appraisal during refinance of BRRRR
I bought a property in South Bend, Indiana and will be closing on it July 27. I will start rehabbing it shortly after close and it is expected to take 3 weeks. Every lender I have spoken to requires 6 month seasoning ...
Tory Crowder
Land deals?
I have an In-law that is trying to sell some land in northern Ca. I want to help but I don't know what, if anything, can be done. Seeing as I am also licensed I would like to possibly profit from the deal. Anyone have...
Rob Bianco
How much upkeep required for 12plex?
I’m buying an old 12 unit building (built in 1920) and the current owner runs carpet throughout the staircase and other common areas. It’s gotten rather nasty over the years and I’m conflicted between just replacing t...
David Lecko
Living expenses $0: thanks to this house hack!
Investment Info:Single-family residence buy & hold investment in Carmel.
Purchase price: $194,000 Cash invested: $9,700This is my first house! With 5 bedrooms in an A-Class neighborhood, I rented out 4 bed...
Konrad R.
Do I need to receive an estoppel letter?
I'm closing on a property next week. There is a tenant in place. Do I need to get an estoppel letter? Does the seller furnish the letter? I have already received a copy of the lease. There is a discrepancy with the se...
Ben Rice
AirBnBing without owning
I recently heard of a strategy to list other people's properties on AirBnB and profit on the margin.Basically you approach home owners that have a unit listed online that hasn't rented right away and explain to them w...
Maria G.
Do you alert your exiting tenant of items that are broken?
If you've noticed things that you'll need to repair if they don't, do you alert them ahead of time so that they fix them or just in the final walkthrough? Do you deduct them from the deposit?My tenants have generally ...
Kelly Olson
STR IN WESTERN NC
I am interested in purchasing a STR property in WNC, specially Maggie Valley. Can anyone recommend a good realtor that really knows the STR market, I will be up the week of 4/10 to see properties. What are the service...
Sean Wilt
Do I pay Sales and Occupancy Tax on cleaning fees?
I know I will have gross revenue from rentals for income tax purposes which would include cleaning fees collected. For income tax purposes, I know I can deduct the actual cleaning costs so that portion of revenue bec...
Jackie Lambert
30-day rental ... cleaning question
Hi there... my husband and I have only done LTR for five years. We're doing an upstairs as a (sort of) 30-day rental. The city denied us nightly rental due to so many in the area. So we're doing 30-day stays and up, f...