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30 June 2024 | 7 replies
You can specify blackout dates when the property is not available for rent if you wish to use it personally during certain times of the year.Legal and Regulatory Compliance: The management firm will ensure that the property complies with local laws and regulations concerning rental properties, including obtaining any necessary permits and adhering to zoning laws.Maintenance and Repairs: Property management firms often take care of routine maintenance and emergency repairs, ensuring the property is well-maintained and ready for tenants or guests.This arrangement allows you to enjoy your second home for part of the year and generate rental income when you're not using it, with minimal effort on your part.
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29 June 2024 | 1 reply
Part of the requirements to pull a permit.
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29 June 2024 | 6 replies
Well besides the hard costs (construction, materials) and soft costs (permitting, architecture, fees, engineering) people often forget holding costs.
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30 June 2024 | 12 replies
@Carlos Quiros First make sure it is an apples to apples comparison, same scope of work, permit pulling, same quality finishes.
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30 June 2024 | 3 replies
I am looking for a simple design to get it done quick with a permit.
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29 June 2024 | 2 replies
I am particularly interested in purchasing my first investment property as a short-term rental (STR).After analyzing recent data from AirDNA, I have identified several promising areas: Douglas, Saugatuck, Fennville, and I am also exploring opportunities around Stevensville and New Buffalo.I understand that regulations around STRs vary widely, and I've taken the time to study city maps to identify areas where they are still permitted.
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28 June 2024 | 3 replies
The easiest way would be to look up the permit history for the new construction.
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28 June 2024 | 2 replies
What do I need to do in terms of remodeling and permits?
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28 June 2024 | 1 reply
The exception would be if this was already permitted for STR - short term rentals VRBO then it might be worth it based on location.If you just want to buy a home and have a unit to help cover the mortgage I would still insist on lower price point or NO HOA to help get the total mortgage down so that the other unit covers 50% of the overall payment.
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29 June 2024 | 8 replies
The fixer uppers are not cheap to get into and your capped on your ARV so the spreads can be thin and the permitting can be a nightmare.