Mark Brennan
Tenant’s refrigerator broke.
A tenant’s refrigerator broke and the earliest any appliance tech could get out to look at it was 7 days later. I told the tenant there was nothing I could do, but to buy bags of ice and put them in the fridge/freeze...
Dan Stewart
Airbnb Security Deposits?
So I am confused. So on Airbnb and VRBO I have that we charge a $500 security deposit. When we get a booking on VRBO we receive some sort of statement saying that VRBO is holding $500 for damages or theft. On Airbnb i...
Daniel Hsieh
HELOC Rant
So I spent a big chuck of my time last week trying to get home equity line of credit on my 3 properties. Using the rules of thumb that primary is 80% and rental propertyies at 70-75%, I figure I could get over 100k li...
Russell Brazil
Landlord Fined $15,000 For Denying Emotional Support Animal
Clickbait Warning!Landlord fined after denying renter's emotional support animalThe tenant, who is mentally ill, complained after building managers refused to allow her to keep her doghttps://www.inman.com/2018/11/20/...
Michael Orf
Potential Colorado tenant growing marijuana
I currently have a rental on the market in the Denver area and was just contacted by someone out of state that is looking to move to Denver and open a dispensary with some colleagues. He and his wife and young child ...
Account Closed
Spec deal structure
How do these numbers look on a spec deal? Enough return to justify the risk in your opinion?Lot: $325,000Construction costs: $450,000Financing costs: $35,000 (est.)Closing & commissions: $40,000 (est.)BREAKEVEN: ...
Terry Portier
Foreclosure Due Diligence Q & A
In looking at a bank owned REOs, courthouse steps or online auctions like auction.com, HUD, etc, or just wanting to understand basic REI principles, please provide some insight and correct me if I am wrong so far.
1...
Ian Saingarm
Where do you buy your bathroom vanities and kitchen cabinets?
Hi guys just curious where you buy your vanities and cabinets? We are looking for medium quality stuff for our reno project, but easy returns and of course value is everything. Any suggestions are appreciated!@Noell...
Ashley Moyer
Huge trend of cities in CA fighting AirBnB, short-term rentals
First, South Lake Tahoe was all over the news in Northern California for its campaign to shut down short term rentals and now, I just read San Diego just voted to limit short-term rentals to primary residences only! W...
Luke H.
Pet Removal Notice Template
Hello,Need to notify tenants that they must remove all inside and outside pets from rental property.Does anyone have a Pet Removal Notice letter I can have a look at? I've created one already, but want to see if ther...