All Forum Posts by: Gene Hacker

@Vivian Brady, That post is very old.  I have had a much better experience with short term rentals lately. The concept is much more widely accepted with travelers today and technology has come a long way to make the management much less time consuming.  We are actually going to be changing that cabin back into a short term vacation rental once we complete a few updates.  

They are likely not going to advertise that they are looking for tenants to AirBnB their units.  I would suggest calling the building manager, listing agent, or rental manager and ask. I may be a numbers game.  You may get a lot of negative responses before finding one that will work with you.  

Possibly you could offer the second parking spot for a reasonable monthly fee. 

I would allow it with some stipulations.  The tenant would need to pay for any additional insurance costs.  I would also set ground rules.  The rules could include things like...

Number of guests

Quite hours

Number of cars allowed and other parking restrictions

And I would require that they give their number to other tenants so they field complaints, not me.  

I run an inspection company and and sellers often have the property managers meet us at the property to ensure we have access.  They usually make sure we can get in, and introduce us to the tenants that are present and then leave.  There is a local property manager that will send a locksmith to make sure we have access. Every time this has been the case, the tenants were there to provide access so they did not need to open a door for us.  Anyhow, there are not "hard and fast" rules.  

It could be possible to get a license and work under a "flat fee" or "low fee" broker and get commissions paid back as part of the deal. Each state has different rules so the strategy may be different depending on where you plan on buying.  

Just a quick reminder that we are meeting at Rusty's Pizza at the corner of Ming and Ashe in Bakersfield tonight at 6.30 pm. I have reserved the side meeting room. The entrance to this meeting room is around the left side of the building from the main entrance.

Hope to see you then!

Gene Hacker

@Aaron Burke, We meet the third Thursday of each month.  I look forward to meeting you there!

IN PERSON MEETUPS ARE BACK!

Our group is a great place to meet other investors and real estate professionals for our monthly networking meetup.

Rusty's Pizza (Laurelglen location - corner of Ming and Ashe)
6675 Ming Ave, Bakersfield, CA 93309
The meeting room is a separate entrance to the left of the main entrance.

About our group: People in our group, network and do deals with each other, and make a lot of money! Our group is all about networking with others. If you have an interest in real estate investing, flipping, wholesaling, buy & hold rentals, building wealth, loaning you own money, partnering with others, or just want to learn from other locals, this group is for you!

We openly welcome everyone and encourage everyone from newbies to seasoned pros to attend our meetings!

Bring a friend and pass this invitation along to anyone that could benefit from networking with others about real estate investing.

Our meetings are always free. There are no speakers selling expensive training or pushing products.

@Annchen Knodt, Thanks.  Good tip. I sent my first batch.