Hey everyone... so I have a bit of a lease term question. I just bought this four-plex and it's my first local property. We're managing it ourselves. We've literally had possession for 4 days. Tenant #2 comes up with ...
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Short Term Rental Arbitrage analysis
This topic keeps coming up recently recently and I feel like a broken record, so thought I would post about it and share how I run an analysis on a potential arbitrage deal, and h...
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What is your opinion on whether it is more cost effective to buy hot tubs new as opposed to used, or vis versa?
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Was just watching a pretty moving show on Dateline about the poor sections of New York . The NY Housing Authority has 400,000 people to deal with, and that is in addition to private landlords. In this episode, two ...
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Hey guys, so I just closed on my first duplex... I'll be living in one of the units.... however, I travel Mon-Thurs each week and going to really try this Airbnb thing out. The house is very close to University of Cin...
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My current tenants have approached me to ask if the could have a pet. My current lease with them states "No pets". They are GREAT tenants that pay the rent early every month and take very good care of the house. Their...
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Good Evening, I just closed on a duplex in the same neighborhood as my others. They all rent for $650/door or better. Tenants pay everything except sewer. I met with one of the new tenants tonight to go over things wi...
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As one of our initial investments, we want to buy a vacation home (probably a condo, maybe a house) in Galveston, Texas. We live a couple hours away so could theoretically use this to vacation ouselves when it's not r...
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Does occupancy rate matter? Yes or no? I'd rather be 50% occupied, but pull in $500/night, rather than be 100% occupied at $250/night. Curious to hear your thoughts?
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Hello
Today, my tenant purchased a motorcycle. He went into my shed, then asked me, since it was not full, if he could store his bike in there for the winter. I said no. My wheelbarrel and lawn mower are out of the s...