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All Forum Posts by: Stephan K.

Stephan K. has started 19 posts and replied 137 times.

Post: Short Term Rentals/Airbnb Laws in the Tampa Bay and Beach Areas

Stephan K.Posted
  • Rental Property Investor
  • Clearwater, FL
  • Posts 146
  • Votes 39

Some properties are grandfathered in. A good realtor knows them.

Clearwater is VERY strict; they have people who book on the usual websites and then cite you.

Post: Where would you advertise office space?

Stephan K.Posted
  • Rental Property Investor
  • Clearwater, FL
  • Posts 146
  • Votes 39

We have 10 small offices that can easily be combined, 500 to 5500 sqft.

Where would you advertise that?

(Never offered office space before.)

Thanks,

Stephan

Post: How do banks see LLC loans

Stephan K.Posted
  • Rental Property Investor
  • Clearwater, FL
  • Posts 146
  • Votes 39

Hi,

I have MANY properties in my own name with mortgages from local banks. 

I have an offer to refinance them (15 years 4.99% fix). I am at about 65% LTV.

Now I am thinking to move them into an LLC at the same time.

In the past, the big banks (BofA, etc.) banks did not give me any mortgages, as I had too many other mortgages. 

Does anybody know how they see that if I have the property in an LLC? Do they see it the same as I have to guarantee the loan?

Thanks,

Stephan

Post: Short term vs. long term vacation rentals

Stephan K.Posted
  • Rental Property Investor
  • Clearwater, FL
  • Posts 146
  • Votes 39

Buy a house that is located in Clearwater, but not annexed into the City, so technically still County. They have different rules.

Post: HOA Contingency Clause

Stephan K.Posted
  • Rental Property Investor
  • Clearwater, FL
  • Posts 146
  • Votes 39

Nobody?

Post: HOA Contingency Clause

Stephan K.Posted
  • Rental Property Investor
  • Clearwater, FL
  • Posts 146
  • Votes 39

Does anybody have a good contingency clause? We need to sign a lease, but it can only be valid after HOA approval.

Thanks,

Stephan

Post: Short Term Rental in Clearwater

Stephan K.Posted
  • Rental Property Investor
  • Clearwater, FL
  • Posts 146
  • Votes 39

Is it legally approved for short-term rentals? 

Post: Tampa, FL - Good and bad areas

Stephan K.Posted
  • Rental Property Investor
  • Clearwater, FL
  • Posts 146
  • Votes 39

Thanks for your input! I am looking for small to medium multifamily.

Post: Tampa, FL - Good and bad areas

Stephan K.Posted
  • Rental Property Investor
  • Clearwater, FL
  • Posts 146
  • Votes 39
Thank you so much! That helps a lot!

What I Have found is that if you look at a map of Tampa, to the right of highway I275, From Bears Ave down to highway I4, these areas including ( University, University square, Sulphur Springs, parts Temple Terrace, Old Seminole Heights, East Tampa Heights). 

So, is that a good or bad area?

Post: Tampa, FL - Good and bad areas

Stephan K.Posted
  • Rental Property Investor
  • Clearwater, FL
  • Posts 146
  • Votes 39

Thanks, guys! My problem with the crime maps (like Trulia Maps Crime page) is, that I believe in areas with more population you will automatically have more crimes. So a true map would show crimes divided by population. Or am I wrong?