Cody DeLong
Inherting Smoking Tenants and No Security Deposit
Long story short I’m purchasing an 11 unit that currently are all month to month with no security deposits. The current landlord is giving me a great price (cash flows $1400 a month after all expenses, prop mgmt,and %...
Tim Rainey
28 Unit deal with 8 delinquents, Covid Eviction moratorium?
I am evaluating a complex in a tertiary market with 8 residents who are delinquent in rent ranging from 55 days to 104 days. Current owner said he took it over in September from his partner and blamed poor renter vett...
Anthony Pinto
Posted first AirBnb Listing
It's official folks! After a little over a month, we finally posted our first AirBnb listing in Portsmouth, VA using one of the units in our quadplex. We are open for business starting tomorrow. My wife and I are expe...
Michinori Kaneko
HELOC vs Home Equity Loan
Hi everyone,I purchased my primary resident in Queens, NY about 5 years ago. Thanks to crazy NY Real estate market, I have significant amount of equity on my PR which i'm considering tapping into to invest in other r...
John Pearson
First Time Poster- Cash Out Refi or Sell
Hello, I would like some advice on a property that my family owns.It is two SFR's on one lot (detached) in LA County that was bought in the early 80's and is now owned free and clear. It has an NOI of ~30,000 and I th...
Cole Schlack
What is the BEST Location for a Return on a $1m STVR investment?
I would like to see what everyone is getting for returns on their Short Term Vacation Rental in the $1m value rangeI will start, Waikoloa Beach Hawaii, Big Island HawaiiValue $1m2022 Gross Rent $87,422 (estimated for ...
Trevor Schumann
CAN LANDLORD RETROACTIVELY REFUSE LATE RENT & PROCEED WITH EVICTION PROCESS?
I am on the dark side with this question. My current land lord in short wants me out. 1 day after the 3 day grace period I got a notice to vacate. I went to the office with the cashiers check and the land lord signed ...
Sarah Present
Purchase of multiple buildings - Cabins, cottages best strategy
I missed out on a few opportunities and I am looking to refine my strategy for future, as the specifics don't align perfectly for this scenario very often. We look for multiple (think cabins cottages) properties to r...
Mario F.
Do I need a business license to start Airbnb?
Hello, I just purchased a fourplex in Inglewood CA. I'll be living in one, my mom in another, while the two others will be STR. I'm wondering if anyone has any advice on how to proceed from this point as we will be ...
Ryan Dossey
Direct Mail = Police Report
Man people are nuts.... Seriously. I make it stupid easy to get off my list. Send me a text or call. No big deal. "Hello Mr. Dossey. This is officer ***** with the ********** police Department. There's a woman up here...