When you know the person won't qualify based on what they told you (credit) and you explain the application/prescreening process explaining this will be an issue, but they want to go ahead and submit an application an...
Hi, just posted to a business development thread about LLCs. This is the most popular entity I'm sure for small RE investors, but I have not seen much about working with or as a non-profit.
Just b...
After 9 years in investing in a 4 unit in DC with section 8 tenants, intense city govt regulations, multiple fines and tons of (painful) lessons learned, I am done. The tipping point is the recent DC Government legisl...
I allow my tenants to have most dogs. the exceptions are very specific quoted from my landlord's insurance. if my insurance will not cover damage of any kind caused by, say a german shepherd, and a prospective te...
For those of you who own more than one STR. How do you have it structured?
I see a lot of discussions about placing properites in an LLC, but the discussion tends to end there. When I look at Airbnb profiles, I often...
One applicant thought I went overboard on screening them and asked too much for pets has threaten me trying to get their application fee and application form back. I have run credit report on the husband but not the w...
Hello,
I am looking to purchase a home that has tremendous mold damage in the basement. The basement is finished but took about 2 inches of water during hurricane Irene a year and a half ago. My questions are1) how...
As first-time landlords in California, when our "nice" tenant moved out, we didn't think to give a pre-move out inspection. We didn't know we were supposed to. On the morning the tenant moved out, the property was lef...
Hi, I'm Paul. I moved to Sunnyvale, California one year ago. I work as a Product Marketing Manager for a tech company. I turn 30 in September and would like to buy my first property around that time.
But let's back ...
HI guys,I have an out of state property that Ive been renting out for one year.I asked the tenant to move out, when she moved out, there was lots of trash, some weird stuff on the walls, broke cabinets, smell of marij...