All Forum Posts by: Karen Bickford
Karen Bickford has started 10 posts and replied 131 times.
Post: Double Booking Vacation Rentals

- Investor
- Bolton, MA
- Posts 133
- Votes 72
@Christopher Kilpatrick This is why I only use VRBO as the other sites don't really give you an opportunity to screen the guest and you don't get their contact info until after the booking is made which is somewhat risky. IMHO just stick to the one site VRBO/Homeaway.
Post: Frustrated with Bigger Pocket Posts

- Investor
- Bolton, MA
- Posts 133
- Votes 72
@Chris Vail That was a nice story thanks for sharing:)
Post: Managing Friends/Family's rental properties Pro's vs Con's?

- Investor
- Bolton, MA
- Posts 133
- Votes 72
@Jennifer Griffin if you are not already managing for them you are missing out on the opportunity.
On the other hand it could also be viewed as the practice of lending money, hiring or renting to friends and family and that view is you shouldn't do it :)
Post: Tenant Screening Services

- Investor
- Bolton, MA
- Posts 133
- Votes 72
@Walker Seidvery do you think Smart Moves is terrible?
Post: How to handle maintenance. Do It Yourself , Handyman, Contract

- Investor
- Bolton, MA
- Posts 133
- Votes 72
@Leon Engle if the issues only take 5 minutes and don't require materials are they really issues? Perhaps you could troubleshoot the problem over the phone with tenant and have them fix it.
For non emergency you could designate one day of the week to address problems and do it all on one day letting the tenant know what day you will be out
Post: Website for rentals

- Investor
- Bolton, MA
- Posts 133
- Votes 72
postlets. Com is great and fee to advertise your rental
Post: Multifamily investor in SoCal getting into vacation rentals

- Investor
- Bolton, MA
- Posts 133
- Votes 72
@Audrey G. Hi Audrey I operate a vacation rental in Florida. I would be happy to answer any questions you may have about the vacation rental business.
Post: Unit Floods Right After Lease Signed!

- Investor
- Bolton, MA
- Posts 133
- Votes 72
I would credit her for the days she couldn't live there. I think it is only fair. Just my 2 cents. The state of PA may have laws as to how this should be addressed as well.
Post: Purchasing using credit cards

- Investor
- Bolton, MA
- Posts 133
- Votes 72
I took out 4 credit cards 0% interest for 18 months to complete a recent rehab. I do however have the money in the bank to cover the balance I just wanted to use other money basically interest free.
What I didn't realize however that getting 4 credit cards and maxing them out lowers your credit score pretty dramatically so that is something to consider if you plan in borrowing more down the road.
Post: Franchises

- Investor
- Bolton, MA
- Posts 133
- Votes 72
@Phillip Richardson I think the concept of owning a franchise to build income to enable you to purchase more investment property in the future is sound.
Have you always wanted a pizza store or is this something that just looks like it will work for the location? Personally I am not a fan of franchises as there are so many caveats and you are for the most part buying into a job that you have very little control over.
I am sure you are doing your due diligence on the franchise end just be sure to read all the fine print. Keep us posted!