Sateesh B.
Tenant Floor Damage
Tenant vacated the unit, Did notice a couple of broken tiles in the Kitchen, The tenant is agree to pay upto $250 for fixing the broken tiles. Now the issue is the tiles that i bought about four years from HD is disco...
Mitch Davidson
Another great benefit MTR has over LTR
I launched an MTR in Asheville, NC in 2018, and have had 13 tenants so far. After the first few turns I realized that compared to LTR the MTR model has a great additional benefit, meaning additional to the increased c...
Meir Greenblatt
Do you get home warranty for your rental?
I'm a fresh landlord and every time I come across home warranty promotion I wonder if it's better to spend that ~$50 for a peace of mind and also I can take that out of my capex/maintenance budget? since my expenses w...
Sunjeeve Weerasinghe
Luxury Vinyl Tile vs Porcelain Tile
Doing my first Rehab on single family home... Property manager recommends Porcelain Tile (states more durable in long term) over luxury vinyl tile/plank. Would love to hear your thoughts! Thanks in advance for your...
Lesley Whitley
LLC advice needed - one per property?? That seems crazy!
I met with an attorney (I am in California, but investing out of state) about starting an LLC that we can use to purchase properties. I was shocked when my (California) attorney STRONGLY suggested that we need to hav...
Ankur Agarwal
Using wood-look vinyl vs laminate for flooring
Hi,I am in the process of replacing my living room and bedroom flooring in my rental house. One of the contractors showed me wood-look vinyl tile planks and said that people prefer these vs. laminate flooring in renta...
Chase Keller
Vacation Rental Theft and Damage
My family and I are about to buy our first STR in Florida. We are purchasing in a nice community, so I'm making the assumption that the possibility of theft from outside parties (non-tenants) will be low. But what i...
Curt Davis
30yr Loans vs 15yr Loans
So of the 20 rental homes I personally own in Memphis, the first 9 of them were put on 30yr loans and the other 11 on 15yr loans. To give you a simple example of the difference, here is what you can expect:$100k pr...
Julie Groth
Expenses to expect in STR
I'm hiring a management company for my STR. Of course, I can figure out what my insurance, cable and taxes will be. But, what can I expect to spend for all of the other expenses? Consumables, utilities, repairs, yard ...
Philip Bourdon
Rehab for Resell - Become an Interior Decorator?
Hi.
I'm doing my research before taking on any Rehab projetcs by going to the Home Depots as well as learning all I can about costs and how things are done. BUT, here is what might seem like a "Mr Obvious" question. ...