All Forum Posts by: Luke Carl

Well this thread quickly went to crap thanks to a rapid fire troll. Please delete 

LOL well I’m a guy. And thank you @Account Closed but once you've been in the STR business for a while you'll feel my pain.

Hello! I just moved into a new market and bought 3 low income doors. 

1 Single Family flip in a D neighborhood that is just on the other side of an A neighborhood

1 Duplex that is 15 years old in a C area that is coming up. 

It took me a month to put a tenant in the single family as everyone wanted section 8 and I knew nothing about that. I drove by yesterday and the tenant has sheets on the windows and a bunch of junk on the lawn. I left a voicemail asking her to remove the sheets and get cheap blinds and please get a storage unit for the junk. How much can I do and how much should I really care when her neighbors have pitbulls? 

The duplex is already occupied. The right side has been there since it was built and is a bit of a horder. She's also selling candies and snacks to neighbors like it's a conveience store. Should I care? 

What should I put in the letter to these new tenants (which I will also post on their doors) and should I think about getting rid of them or just leave them in there if they pay on time?  Should I fix things in the duplex like cracked windows and bent mailboxes or just leave as is? 

Lots of questions here. My first time dealing with anything less than an A property so I'm looking for advice! Thanks 

@Jason Snider I don’t anticipate I do research. Go on AirBnB and obsess over the listings in your area. Don’t forget VRBO. If you’re in a city I wouldn’t bother. My market I stay 86% occupied year round.

@Sean Wilt it depends on your city and state and regulations change often. I’d call 855-4-AirBnB VRBO gives you the option to charge it to the guests but you’re on your own for filing.

How is this an investment? What are you investing in? A couch? This is a job. That’s may or may not be there tomorrow. 

@Isaac Chun. 1. Why would your landlord let you do this? 2. Vegas is cracking down hard and the laws change monthly. Type “AirBnB Las Vegas” into google and hit the news button. Yikes.

@Isaac Chun. You plan to put leases on properties and airbnb them in Las Vegas? You might want to do some more research before you spend your money on incorporate.com. To my knowledge you’ll never get this off the ground.

@Andrew Jones. I’ve got 5 that I manage remotely couldn’t be happier

@Brian Warren I self manage 5 cabins in Pigeon Forge Gatlinburg from a distance and couldn’t be happier.