Sarah Lorenz
Critique of My Recent Stay at a Vacation Rental
I booked a rental at a Northern Michigan lake house recently, and now that I'm an expert, I naturally had much to critique. This was a 5 bed, 3 bath house right on the water, and more of a house-hacking STR vs. a prof...
Micah Jackson
Should I leverage my equity and add to the portfolio?
I have two STR properties in the Gatlinburg area. Currently owe $13,000.00 on cabin #1 and $235,000.00 on cabin #2. Each cabin would currently appraise between $900,000 and $950,000. I am trying to decide if I shou...
Bob Foglia
Medium-term vs. long-term and furnished vs. not?
I will be moving out of state but would like to keep my primary residence as a rental. I was contemplating leaving all the furniture and setting up a "room share" medium-term rental over a traditional lease agreement....
David T.
New Haven Rental Property Market
Hi all,I am looking to purchase a 2-4 family rental unit in the New Haven area; something close to Yale. I was wondering what the area is like. I have read articles stating New Haven's historically low vacancy rate. H...
Mark Yuschak
Considering a small strip mall
An agent in my office is looking to sell her small strip mall. The strip mall is located on a busy through-fare near where I live. She and her husband built the property in 1989 and have owned it ever since.
It's 4...
Jerome Morelos
Bathroom rehab- What would you do?
Hello BP, I'm in the process of rehabbing my first property and wanted to get advice on how to tackle the bathrooms. Keep or replace the vanities? keep or remove small window in the first picure? Retile shower or re g...
Jonathan Krueger
Business License, Home Office, and HOA in South Carolina
Does anyone out there run a home office in South Carolina from their house? If so, I need your input.I went to my local city to apply for a business license and wanted to use a bedroom in my home as a private home off...
Sean N.
Duplex and marijuana problems
I bought a duplex about 4 years ago. I inherited one tenant that has been there for 28 years but they started smoking marijuana last year. I have a strict no smoking policy. Michigan allows us to say no to the usage e...
Tristan Walton
How to Best Finance Furniture in a Short Term/Vacation Rental
Hello everyone,My wife and I are looking to buy a STR and only have enough for a down payment, we were wondering if anyone knew of a way to get financing for the furnishings of the house. Is it possible to use a small...
Cheryl C.
What were you thinking in the fall of 2008?
I felt some amount of fear/panic. I'm old enough to have been around for "black Monday" in the later 80's. Good thing I had no money in the Market then as I witnessed a number of people go bankrupt on margin calls. ...