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7 November 2024 | 16 replies
Open endedAgency Exclusive right to sellSigning the open ended listing agreement gives you the ability to sell yourself without obligation however if you agree to an agreement they represent you’re obligated to pay a commission.
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5 November 2024 | 15 replies
There is a bill in legislation (Transient Accommodation Rental - TAR Bill) for Hawaii county, that is trying to do away with mid term rentals completely.
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31 October 2024 | 17 replies
Welcome to BP - rates have finally come down a bit so that cash flow is now possible again in some markets for classic turnkey rentals but still have a bit of a ways to go - if you have the ability to BRRRR - that is going to likely really be the better strategy to get a more robust cash flow at the start
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4 November 2024 | 4 replies
Excessive complaints or three violations in three years could lead to losing the ability to operate.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o
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5 November 2024 | 11 replies
For assessing demand, go to FurnishedFinder.com/stats and you can see demand data for a given city.When I was trying to determine demand for our area, I selected about 20 listings near the location I was focused on, and tracked them for several months.
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5 November 2024 | 5 replies
If you have the ability to get a great loan from your father, you might not even need to sell your first property.
3 November 2024 | 0 replies
After a thorough market analysis, I reached out to the seller directly and negotiated a fair price based on comparable sales and the property's current condition, emphasizing my ability to close quickly.
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4 November 2024 | 8 replies
Do a cash out refinance to offset any credit card or installment loan with a rate above 9% to offset the loss until you have the ability to sell ot or transition into a STR.
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7 November 2024 | 15 replies
I believe somewhere he stated he was aware of the issue about accepting payments after giving the pay or quit eviction notice and stopped the tenant's ability to pay electronically.
3 November 2024 | 0 replies
After a thorough market analysis, I reached out to the seller directly and negotiated a fair price based on comparable sales and the property's current condition, emphasizing my ability to close quickly.