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4 December 2024 | 3 replies
I want to provide a safe, structured living environment for individuals transitioning out of recovery or other challenging situations.I’m new to this process and was hoping for advice on the following:How to navigate zoning laws and permits in Montgomery for this type of setup.Licensing requirements for sober living or group homes.Strategies for finding residents or partnering with local organizations.Financial and operational tips for managing this type of property.I’ve heard zoning can be tricky and want to ensure I comply with all legal and safety requirements.
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3 December 2024 | 8 replies
I've determined that due to my somewhat unique funding that a DSCR loan may be my best bet.
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6 December 2024 | 13 replies
Philly is your best bet.
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3 December 2024 | 3 replies
Hey Miki i work with an investment broker here in Pittsburgh we operate a marketplace for investors id love to connect with you and give you a hand with your investment journey!
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3 December 2024 | 0 replies
Recently I have been hearing about multiple hosts in Texas that are getting citations for operating a coliving facility with occupancy greater than the permitted number of unrelated occupants.
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3 December 2024 | 6 replies
For anyone following: It cost me $5 to file the updated statement of info and I simply drafted an amendment to the existing internal operating agreement to clarify our intent to operate as a married SMLLC.
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3 December 2024 | 6 replies
I'm not local to the area, and am not familiar with operating expenses for these types of projects.
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7 December 2024 | 150 replies
I'd bet if there were a good field of competition the price would drop
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8 December 2024 | 26 replies
However:Strategic Tax Planning: Work with a CPA who specializes in real estate to maximize deductions like depreciation, interest, and operating costs.Higher Rents for Premium Properties: Some investors offset the tax by focusing on properties in high-demand areas (downtown Greenville or near universities, for example) where they can charge a premium rent.Short-Term Rentals (STRs): Consider STRs like Airbnb, where higher nightly rates can make the numbers work better than long-term rentals.
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4 December 2024 | 32 replies
By your own admission you are not interested in sourcing acquisitions or capital raising, so get a job working as a property manager or in operations for a real estate company.