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...
Aleko Petkov
Avoid tenant relocation during seismic retrofit
Hi,I own an 8-unit building in Los Angeles, that's on the city's list for a mandatory seismic retrofit. We just handed out the Tenant Habitability Plan (THP) notices today, and one of the tenants wants to apply for pe...
Mark Updegraff
Management Company, your input requested on accounting practices
Hi All, I recently formed my Management company to separate the liability from the properties themselves. I just want to throw this by you to make sure I'm doing it right. After all, I don't want to end up having t...
Huiping S.
The heated sqft differ from list and county web.
The list heated area is >2000 sqft but the county web shows this property heated area is1890 sqft. The seller added the architecture's map as evidence on property disclosure that the remodel work added new sqft. Th...
Ed Mayor
Tenant wants DirectTV dish installed on the roof, Should I allow?
Hello guys, My tenants wants to have Directv, but when the contractor went to the property, they said the only way to install it would be on the shingles using a tripod type setting for support. I am concerned about d...
Jim Bryson
Private lender offer requiring non - refundable fee
I have a offer from a private lender for a loan in the amount of 1.4 million. They are requiring a fee upfront for underwriting and initial due diligence in the amount of $2,750. Standard
Matthew Hell
Named additional insured on a non performing note
Hey there, we bought a note for about 8000.00, non performing, and have not had success with contacting the borrower. We need to be included on his insurance policy for the property.How does one contact the homes ins...
Elaine Hester
Lending 101—what determines 1st position?
This sounds like a ridiculous question as I'm asking it, but I have heard of people thinking they are in 1st position when it turns out they're actually in 2nd ... since I am new to lending, I want to know what specif...
Ben Ferri
Buying a flip house with lead based paint?
Saw a listing for a 3 bedroom property that appears to be in pretty rough shape, including lead based paint. Does anyone have any tips / experience in dealing with lead based paint in a NJ flip? I'm looking for info o...
Eric Wang
Removing Old Gas Wall Furnace
I have a old gas wall furnace I like to get rid of and replace with electric heater. Do you just remove old furnace and cap the gas line and close up the wall? How do you handle the vent since you no longer need it? W...