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8 July 2024 | 1 reply
If they are built prior to 1978, they were not regulated and didn't meet code, so they are referred to as "mobile" homes.
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8 July 2024 | 2 replies
. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!
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7 July 2024 | 7 replies
We always recommend investors pick an area with little STR regulations that draws them and is more of a natural element people want to explore and see.
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8 July 2024 | 7 replies
And going MTR is nice as it avoids the STR regulations.
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6 July 2024 | 11 replies
Marketing it as an MTR might be a good alternative so long as Sacramento doesn't also regulate MTRs.
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7 July 2024 | 36 replies
I am hoping people start to realize what a gem Virginia Beach is and we get some more industries moving in, some changes in regulations to draw businesses into Virginia I think would really blow up the area.
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5 July 2024 | 2 replies
If this property had been in one of the areas zone for more density they would surely have done a normal "Seattle six-pack" of 0-lot-line townhouses but instead they short platted 2 lots to still in effect end up with a six-pack even though in an area not zoned for it, at the cost of having to sell units as condos and deal with other ADU limitations (e.g. 1000sf limit).In 2023 the State mandated Seattle-style ADU regulations across all urban growth area cities/counties, going even a bit further (2 of any combination of attached/detached allowed).
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3 July 2024 | 3 replies
If “wholesaler” (used in the sense of contract flipping, not people who close on purchase and resell) were required to disclose in writing to home sellers that they are not purchasing the home, are only trying to “flip” the contract, and the sale will only close IF a buyer at a higher price can be found, would this eliminate the need (if a need does exist) for government regulations being enacted and or for “wholesalers” to be licensed real estate agents?
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5 July 2024 | 10 replies
What laws/regulations should new investors generally be aware of?
5 July 2024 | 3 replies
Be aware of local regulations and potential restrictions on short-term rentals in the Tahoe area.Property Management: Decide if you will manage the property yourself or hire a property management company.