Like a lot of newbies here, I was surprised to find that operating expenses run about 50% of your rent collections. My question is, what do you do with all that money. Obviosuly you are not spending hundreds of dolla...
Hi everyone. I own one Airbnb. I want to buy the second, but I am afraid it’s going to be hard to pay for two mortgages, with only my 9-5 job. Should I use the profit of my airbnb to help pay the monthly installment...
I am brand new in the vacation rental market. I have a very nice property, furnished for short term monthly rentals. The listing clearly states no smoking several times through out the description. The tenants have ...
Hi!Need some advice. I own several 2-4 unit multi-family buildings in the Chicago areas with loans, but the banks are starting to question why the title has changed from my personal name to a Series LLC. Not only is t...
Hi all, my Wife and I have been arguing about investing. I’m trying to go hard and fast and she doesn’t understand why everything has to be so quick. She doesn’t understand investing and really doesn’t want to learn. ...
Just curious who here collects first and last month's rent plus deposit when getting a new tenant? My curiosity is can you evict after missing rent for one month when you techniquely have anoher months rent? Where I h...
TL, DR: Two homeless women moved themselves into a vacant home in West Oakland (Bay Area/CA) and intend to stay there, rent free.
This made the evening news last night. As a resident of the Bay Area, I definitely un...
We either have our people (my wife & sister-in-law), who are equal owners in the company do the cleaning, or we hire it out.
Our people only do the work on evictions and new apartments.
Incidentally, our cleaning...
Suppose you borrow private money for a deal and the deal goes bust. Now with a bank mortgage there in normally a 'deficiency clause' allowing the bank to try to seize other assets you may have if the foreclosure proce...
Hi BP Community: We've recently purchased a 4plex in South Carolina with inherited tenants. One of the tenants is late on rent and we're awaiting a court case for eviction (they are dragging their feet to try to stay ...