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17 January 2025 | 2 replies
, whether there's a high water table that encroaches on any underground utilities or foundations (and does that water table have significant seasonal water level variations), encroachments by roads or other improvements on your property, limitations imposed by easements or rights of way, etc.
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23 January 2025 | 21 replies
The house is set way back at the end of a long winding driveway, the front is fully fenced for maximum privacy.
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23 January 2025 | 23 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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9 January 2025 | 35 replies
@Bryan Stengel, I think alcohol has been the tough one with the STRs, not sure about if you need license( hopefully someone will chip in ) , however there always the liability part including but not limited to offering alcohol to people who are trying to quit etc.
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22 February 2025 | 18 replies
., tenants handling small fixes like unclogging drains).Vendor Relationships – Set up accounts with appliance repair services, locksmiths, and other key tradespeople so they’re familiar with your properties.Tenant Selection & Retention – With your solid rental history and below-market rents, you’re in a great position to minimize turnover, which is key for remote management.Sell or Hold?
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21 January 2025 | 4 replies
For that, you'll want to ensure your LLC is already set up and approved in the state where you’re operating.Most lenders are fine with the funds coming from your personal account, especially if the LLC is newly formed.
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26 January 2025 | 11 replies
Weigh convenience vs. control—your renovations and location set you up well for long-term growth!
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16 January 2025 | 4 replies
That limit was recently bumped up to a $100M maximum.
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18 January 2025 | 11 replies
As a result, this isn’t the kind of market that attracts top-tier PM talent.Your best solution might be to either:1.Take on self-management if possible (and if you’re willing to put in the time/effort).2.Find an individual you can trust to handle these properties, set up very specific instructions and processes, micro-manage them initially to ensure standards are met, and compensate them well to make it worth their while.This approach requires more oversight on your part but can yield better results in markets like this.
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21 January 2025 | 4 replies
In '23 the state set records for tourism revenues and visitors to the state, a hat tip to your point about year-round demand.