Mariah Myers
Destin vacation rental laws: “responsible party”
Good morning,
I am in contract for a condo in Destin. Preparing to rent it as a short term rental, I read that there needs to be an authorized “responsible part” that lives within 30 miles from the property and abl...
Marco G.
Property Management: Lease Renewal Fee on MTM "renewal"
Tenant is going month-to-month at a higher rent than the (increased) 12-month lease rate. It's about a 20% increase from the current base rent, but tenant frequently pays late and it's not much more when that is cons...
Dustin Glossop
Vacation rental site cost
Question for everyone using the vacation rental sites. How do you feel about the fee structure of % of booking versus paying upfront for the year? Wouldn't $200-$400 per year upfront make for a drastic revenue increas...
Account Closed
Wholetailing scenario
My partner and I were looking to wholetail a deal and this is what we came up with...are we right? and why or why not?What we'll list it for: 185,000 subtract 3% buyer fees - $5,550flat listing fee - $500 Sales price ...
Bill Welker
Shaun McCloskey 1-day Short Sales seminar?
My local REI is offering a Saturday 1-day seminar on short sales led by Shaun McCloskey for $40. I was wondering if anyone else has attended one in the past and if so, was it worth the time and registration fee? ...
Jacqui Casey
Resort / Golf Cart Community for STR
Hi! I'm looking to purchase my first STR for under $600K and I'd love to find something somewhere where I actually enjoy going for any repairs and maintenance. I live in California but am looking more towards the East...
Josselyne Lugo
Deal or no deal?
Hello Bp!I'm am currently in the process of putting a home under contract,however I'm not too sure if this would be considered a deal. These are the numbers:ARV: 100kRepairs: >5kPrice: 73kThe home is tenant occupie...
Cameron DePaola
Additional Person on Lease
I currently have four people interested in a unit I have for rent. It is a two bedroom with everything included. I stated in the lease that I will allow three people to live there for the rent price, with any addition...
Jonathan Ruths
STR with HOA "renters" fee
Looking to purchase my first STR and found a property I like, but it's in an HOA and I just learned the HOA has a policy that requires either $2600/year for unlimited short term rental bookings, or $35 per booking......
Kory Santaella
Rental Title to LLC?
Hey Everyone,I have recently created an LLC for my rental portfolio. Does anyone have experience transferring a rental property to an LLC from their personal name? I'm assuming you would need to seek a whole new loa...