All Forum Posts by: Account Closed

Tell me about the good and bad of your house-hacking experience.

I’m about 1 month away from beginning mine.

Thanks,

Nick

All,

I agree with every one of you on this question. I needed to provide my girlfriend with sufficient evidence showing that it is a huge turn off or invasion of privacy having a camera in the house.

You have greatly helped and proved my case.

Thanks, Nick

Do you have cameras in your common area in your short term rental? Have you experienced indoor cameras as a guest in an Airbnb?

If so, please provide your experience whether they are pros or cons.

I will specifically be working from the AirBnB platform.

I have been in an AirBnB with a camera.. This didn’t really bother me, as it was in the common area.

Thanks,

Nick

Bruce, thanks for the reply! Yes, there is sufficient parking in the back of the house and on the front street. As for the distance a building can be from the property line, I am unsure, but would like to figure this out.

Yes, these are very possible outcomes for sure. We have decided that we are willing to live with the worst nightmare. 

I have been warned... thanks.

The title company has no issue. They will just exempt this part from the title insurance.

Thanks,

Nick

Guy, after much discussion and input from other real estate professionals and the title attorney, we have decided to move on with the purchase, put up a fence besides the driveway, and live on like they have been. If worst case happens, we can live with it. Thanks for the input.

-Nick

Hello,

How would you deal with the following situation? Everything has come through amazingly on this house so far.

Complete pier & beam to roof rehab, plus an addition to the original house of about 20 feet.

Today we received the survey, and closing is on Friday.

Can the title company's attorney (Dallas, Texas) figure this one out so we do not lose the driveway? Is it possible that due to the length of time this driveway has existed that somehow there is a grandfather clause?

The fence on the west side of the house is quite far off from the current fence (not sure who owns the fence yet). I do know that the owner plans on not doing anything about this issue.

The east side of the property as you see has a boundary line running through the middle of the driveway.

I am not sure if this matters at all, but here are photos dating back from 2011 showing this area used as a driveway. See below:

I look forward to your input and comments!

Thanks, 

Tell me about your experience as a live-in Airbnb host or your experience with a love-in Airbnb host.

I’m excited to hear some stories!

Thanks,

Nick

@Howard Lee I’m not sure what you’re referring to, but am curious to know more about it.

@Jason Gaxiola I found myself in the same situation only I didn’t have that much cash. Dallas, Texas. My girlfriend and I just purchased our first finagle family property. 3 bed / 2.5 bath. We will do a live-in AirBnB as an entire space. If executed correctly we would like to be onto our next cashflow producing property within a year. Make sure your up to date with local short term rentals laws / regulations. Read and listen to many different books / podcasts. STRs are showing to produce huge revenue compared to LTRs.

@Dustin Turner what systems are you using? Do you suggest any specific books or podcasts?