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21 June 2024 | 5 replies
Already talked to the Warren County office and they said it's a 3 month process to get STRs approved but in general the process seems to be pretty straight forward if you aren't in a HOA or in town.I have a property in the area that is a smaller 2bed/1bath that does really well and I feel very comfotable with the 3 bed numbers, but once we get to the higher range properties 3-4 bedrooms and properties that I would consider to be luxury stays for large groups, I am finding it hard to make the numbers reallyyyy make sense at a $300 ADR.
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20 June 2024 | 7 replies
The best strategy I see for it is as a Luxury STR, I’m just not sure the market supports this.
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19 June 2024 | 3 replies
I think you need to discuss the foreclosure problem with the lawyer that's handling your suit for specific performance.
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22 June 2024 | 8 replies
I think this is smart to do, but you are making move for quality of life as well so make sure the town is a place you will enjoy (along with the new job) living.I've seen people use metrics to move out-of-state without really getting a feel for how much their lifestyle suits the new market.
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21 June 2024 | 7 replies
Luxury Plank Vinyl is a durable, long lasting product that works well in most spaces and with most design styles.
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20 June 2024 | 6 replies
Premium RE, high COC return like a luxury STR or small balance multi family could be a good partial anchor.
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21 June 2024 | 25 replies
The new holder of the right of way is adamant that he won’t let me do anything with the space because he is building a luxury housing development further up the road and he wants the space to remain green.
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20 June 2024 | 0 replies
We have one luxury second home investor that recently purchased an oceanview property below asking at $699k with 10% down and a 3% seller concession.
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23 June 2024 | 105 replies
Are you a mom and pop landlord whose most likely risk is a premises liability claim likely covered by insurance or a small claims suit for return of a security deposit?
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17 June 2024 | 0 replies
Purchase price: $204,000,000 Cash invested: $60,000,000I worked for a Hong Kong public company & high-end luxury residential developer and helped to develop a $204 million condo project called "The Graystone" which is in Seattle's First Hill District.What made you interested in investing in this type of deal?