Just a tip for you all starting out… Don't rent to strippers, hair stylists, bartenders etc… If they are in the cash business, they are uncollectable. You need to find someone with a good job that is not worth leavi...
Hi STR friends! After listening to a lot of different podcasts and discussing this with some friends, we've decided to change our Airbnb (located in Yucca Valley aka Joshua Tree) to pet friendly. We were getting plent...
I composed an offer letter for my real estate agent to send out and it included pictures of my wife and our new baby.
After sending out 10 offer letters, I found out she hasn't been including our photos. When I aske...
I'm curious if BRRRR ("fix & rent") works in the Columbia metro area. Essentially, the ability to have your purchase price + rehab costs less than 70% of the ARV, so after you rehab you can find tenants & then...
My offer has been accepted and signed. Now, I'm looking at financing options out there and Quicken Loan has been recommended. I am working with them to finalize rates and terms, etc. I am doing a 25% down since as the...
Just curious.The only clause in my standard lease is the use of the premises is "for residential purposes" only. I always discuss this with tenants during lease signing that basically I don't want ANY business activi...
I am in the process of securing a triplex. It has two units above the ground floor space, which is a commercial storefront. I have years of experience as a residential property manager, but no experience with commerc...
Hello,
I am wondering if there is a best way to go about getting a HELOC. My credit is great and I have over $100k in equity. Should I look at small, local lenders or is it generally better to go with nationals like...
Good evening Atlanta landlords,In the next two months, I plan on searching for my first rental. I have read the Georgia State Landlord/Tenant laws. I am curious what negatives and postive things you like about it? ...
Unlike fast food franchises, I'm not seeing where real estate brokerage franchises are set up as "owner" franchises. It seems like 99% (or more) of real estate brokerages are "owner/operator" set-ups. The "owner" i...