Charlie Gruber
Short term rental in Minneapolis (Linden Hills neighborhood)
Looking to purchase house in Minneapolis (Linden Hills neighborhood) for short term rental(VRBO/AirB&B). Does anyone have experience with this? Here are a few questions I'm struggling with:
Do I need any type of...
Patrick Philip
What prices should I charge my handyman for these jobs?
I am about to do my first house flip. I am using handymen instead of contractors for the majority of it. They are insured so that is not an issue. I am very surprised at the kinds of prices I got for handymen just by ...
Kassandra Ortega
[Calc Review] Help me analyze this 4-Plex
Hey, BP community! This is my first forum post and I'm very excited about it! :)My partner and I are looking into purchasing our first House Hack. A 4-Plex popped up for sale in a C-Class neighborhood. Only looking at...
Bonnie Low
Is there a rule of thumb for estimating STR expenses beyond PITI?
Hello BP! I'm looking for feedback from experienced STR operators. We're experienced with LTRs, but are hoping to buy our first STR in early 2022. While I feel confident running numbers on LTRs I'm not sure what to es...
Joseph McCallion
New Chicagoland Area Member
Hello BiggerPockets,First, I would just like to say thank you to everyone who contributes and posts on this site. I have been reading and learning a great deal of information already just by reading forum posts and li...
Sandy Spence
Does this smell funny?
I have a new tenant, about to move in September 1st. I've had a few interactions with her that baffled me, ok, no, the made me think "WTF!?"One, they had a house nearby a couple of years ago (verified this), took a ba...
Peter Milic
What to do if an Airbnb or a VRBO tenant decides not to leave
Hi everyone,
I recently started renting my property on VRBO and Airbnb.
I was wondering what happens if the tenant decides not to leave after he’s supposed to? If they just stay in the unit?
I currently have someone ...
Virginia Lacy
CO Landlord - Can I use a SD to pay my spouse to repair damage to my units?
Hi Everyone, I am aware Colorado law prevents landlords from charging the tenant's security deposit for the time the landlord spends on repairs (though they can charge materials). My question is, can I pay my husb...
Gil Nahmias
Renters caused damages higher than security deposit - Use insurance?
My renters caused damages where fixing is about 10x the security deposit. How can I fund the fixes: Do I bill their insurance? Do I sue them and they bill their insurance? I've never had to deal with this situation so...
Natalie Stokes
Mortgage under deceased ex spouse
Hello,My short term rental prop is titled under a Nevada LLC that I am now the managing member of. The mortgage is under my deceased ex spouse solely. I am currently in escrow to sell and seeking advice regarding th...