All Forum Posts by: Alecia S.

Thanks. I agree with your advice. It is not being marketed properly to create income. 

What is best way to advertise short term rentals? I have an agent marketing the property but it does not seem to be listed on many sites. I was wondering if I could list it myself through rent redi as a short term rental or should join something like Air b and B or VRBO? Any suggestions? I have 10 long term rentals, I am not as familiar with short term rental marketing. 

What is best way to advertise short term rentals? I have an agent marketing the property but it does not seem to be listed on many sites. I was wondering if I could list it myself through rent redi as a short term rental or should join something like Air b and B or VRBO? Any suggestions? I have 10 long term rentals, am not as familiar with short term rental marketing. 

I have some property in Murphy NC (10 acres). I was thinking about building and doing a short term rental. I am not sure how to find out how saturated this market is or if this would be a good investment idea. I do not live in the area. If anyone has any tools on short term rentals in this market please advise. 
Thank you 

I have a property I am selling with a contract that it has to close by tomorrow May 7th. My agent is saying that I have to honor the contract if there is a clear to close established tomorrow May 7th. Is this correct? It clearly states closing is suppose to be on or before May 7th.

   Thank you for your response. My closing documents state it must close on or before April 23rd so I am not sure if I can get out of it or not. I signed all of the paperwork because it was a mail out, but funding did not arrive.  I will discuss with the title company on Monday morning. My real estate agent should be ok with it because I have done numerous deals with her, and she currently manages some of my properties. I will discuss it with her prior to making a decision if it is even possible to not sell. 

Thank you Anna for your response. My agent and I have a good relationship. I have done numerous deals with her. I will look at my contract again to see if I am able to get out of the sale or not. 

I have a property that was suppose to close on Friday. All documents state closing must occur by Friday’s date. My realtor received a text from the other realtors agent at 545 pm that the bank did not fund the deal on Friday and would fund the deal on Monday. The title company did not notify me or my realtor of this and it was a send out sale due to being in another state. Do I still have to sell the property?

@Jeff Terry

I would find a different agent. Not all real estate agents are created equally.

Do you think it is better to sell a property with an owner finance deal or rent it? Owner financing would consist of 20 percent down with 5 percent interest over 20 years or 20 percent down with balloon payment in five years. Property currently stays rented for 1395 per month. I bought the property for 100,000 and put 20,000 into it. It is worth 174,000 currently. I am not sure about how owner financing effects taxes, but I own property outright. Any thoughts? Which would yield a greater return interest from owner finance or appreciation?