All Forum Posts by: Jon Martin

Yikes! Yeah I chose to buy a big bag of sugar packets from Amazon for ~$20, not for the reason you cited above, but because I figured eventually someone would use a large container of sugar to make cookies or something and wipe it all out. Then the next guest is pissed because there is no sugar for their coffee. I don't limit how much they can access (for now at least) because I don't see someone ripping open 60 sugar packets to make a batch of brownies and if they do, they've earned it lol

 Same same. I have no control over my cleaners so it's not possible with a same day turn but if it's clean and unocupied I'm happy to oblige. It's a nice gesture and I think it sets the booking off to a good start and more likely to result wit a good review. 

Which counties do you operate in? Lots of county wide legislation already in California and it seems like there is more to come. 

Agreed .. . . This is also where a smart lock (with guest log time stamps) and doorbell cam come in handy  

Deleted (double post)

Are there any homes with walk out basements? But something that can be converted and has a private entrance and you clild probably cover the whole mortgage if you buy in the right location, assuming it works both for you and is a good location for guests. Also agree with everything above. 

If it is in a market where long term appreciation is expected, and conservative underwriting projects that the payment will likely be covered, then I think it is smart move. 

Beat me to it! I've gone down the rabbit hole on this myself and this is the only way. The reason why regular mops don't do a complete job is because the dirty water stays in the mop head and gets pushed around. You need something that sucks the dirty water back up, like a professional carpet cleaner uses, otherwise you are simply spreading it. I use a Tineco at home and like it but they are pricey (~$300-400ish). 

I imagine that they would look at 2 years of W2s because the loan is tied to your personal name. That said, they should allow your DTI to be based on your current salary. Where the 2 years would almost certainly come into play is if you were asking to include your variable incentive pay in your DTI.

10% down is great but I've been hearing that they are adding several points worth of fees to 2nd home loans, which makes it closer to 15% down by the time it's said and done but you aren't getting the equity pay down from that extra 3-5%. If this is not true I would love to hear which lenders are not doing this! Otherwise I am also hearing that there are 15% down DSCR loans.