J. Wang
Tenant paying late, but not later than 5 days
Hi fellow landlords,Today I had a situation with one of my tenants in NC. This tenant has been paying rent always on the 5th, although the lease agreement says the rent should be paid on the 1st of every month. She pa...
Colby Mulry
Tenant always pays late, but not late enough....
I have a tenant in my first floor unit who has been late every single payment for 11 months in a row with every excuse in the book. However, they always end up paying right before the legal timeline for eviction. Does...
Scott E.
Are Hotels Better than Airbnbs?
In most markets short term rental supply is high. And a big issue is that a good amount of the supply is from new 'investors' chasing what they thought was a get-rich-quick scheme. So the market not only has an unbala...
Paul T.
Option to purchase counting as claim of ownership
I have been very interested in the lease option investment strategy lately, but when I spoke with my local attorney, a serious risk surfaced that I want to understand more. The risk is on the tenant buyer end (you doi...
Byron W.
Using a house duplex or triplex unit exclusively for Airbnb?
Is anyone here using a unit in their duplex, triplex or renting out areas of their SFH to Airbnb regularly? It's something I've been giving a lot of thought and I'm interested to know what the numbers are and how it's...
Derek T.
Need Help on Budget
Guys I am in need of some help with my SOW and budget for a property I am purchasing. The property is an older property (built in 1920) and I am picking up the property for $45k with an ARV at $180k. The problem is ...
Frank Barletta
I want to start a new venture and need some help identifying big challenges in STRs.
Hey, Everyone -- I'd like to launch a new venture in the short-term rental space and wanted to ask everyone here what your biggest challenges are.
In the past, I've launched and sold 2x PropTech ventures in the multi...
Joshua Feit
Is turnkey repair / painting really this expensive?
Greetings!I use a property management company to rent my units, and they are doing a good job. But every time one tenant leaves and another comes in behind them, the costs associated with the turnkey repairs seem real...
Mark Dammeyer
Yellow Letters
I'm in the process of starting my first direct mail campaign for absentee owners. I have my list and I'm trying to decide who to use for the mail piece. I was wondering if anyone has used yellowletters.com and if so ...
Bradley Lewis
New investors or investors who self manage there own properties
Hello BP,I am still new to investing and have been reading through all the forums to gain more knowledge about the tenant screening process. It seems to me from tons of reading that the tenant screening process is sca...