All Forum Posts by: Lauren Milam

We are looking to talk to a RE attorney today if possible with a couple questions related to financing. Anyone available? Please message me if so. We would greatly appreciate it.

Hey Kevin, sounds like a good deal but that rent seems inflated to me, depending on the location if outside the city.  Best of Luck! 

Hello! I am looking for some advice on how you structure deals when pulling in an outside party.

Here's the scenario. We are purchasing a home for STR purposes and have someone who wants to invest but wants to be 100% hands off. We will have a rental management company so we will be pretty hands off as well.

How do you set up these sorts of deals? Do you create an LLC? Do you each put in 50/50 at closing? Just trying to understand how people partner up and the details of the agreement. Thanks!

Newbie here. Looking to hire a Short Term Rental property manager (self managing is not in the cards). I’m planning a list of questions for each company I speak to. What questions would be on your list? Any advice for those experienced with this? Thanks!

Congratulations! That’s excellent! We are shopping around for our first airbnb as well.  Are you planning to decorate yourself and self manage? 

@Steve Frye can you tell me more about this one? Price and location?

@Matt Leber thank you for your reply and advice!

Hello! Newbie here.

We have a unit going vacant March 30th and we are looking for tennants to start a lease May 1st. We have never “turned over” a unit so we want that month (April) to do some maintenance, ect.

My question is, when would you begin marketing the unit and prescreening tenants? We were going to wait till April, but perhaps we should start sooner. What is your strategy for starting to market your units?

Any and all advice is appreciated!

Thanks!

Lauren

Best of luck in your decision! I’m curious too! 

Great Question Larkin! We’re newbies in Nashville as well!