Mike Nelson
Short Term Rental-Famous person previous owner
30 January 2025 | 10 replies
Hey @Mike Nelson, never assume anything about STR rules and regs.Here is the STR rules for Oak Park - https://codelibrary.amlegal.com/codes/oakparkil/latest/oakpa...I would call the city and make sure it is legal for a specific property.Now regarding the famous person angle, sure it can add value to the property or as a STR, but for STR use, I would think you would need it to be in original condition with a lot of the furniture and knick-knacks that were owned by the famous person along with a bunch of photos etc featuring the famous person.If you buy a place that has been totally redone but was owned by someone famous but has no features or things that were theirs, then I don't see it being a draw.
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
Reason being is that it allows you to invest in other products other than they offer, so that's why they don't promote these .
Sung Yu
1031 fourplex into a single family
23 January 2025 | 5 replies
However, there is no specific holding period contained in the tax code or regulations and there is no "safe harbor."
Amanda Lindsay
Is Rent Redi too good to be true?
19 January 2025 | 13 replies
I just go in at the first of every month and code each line item to the corresponding property and note what the expense was for (Repair, HOA Fee, Mortgage payment, etc).
Damon Diddit
Inheriting a problem tenant after closing
28 January 2025 | 5 replies
PM me if you need any help.Anti-eviction act law https://www.nj.gov/dca/codes/publications/pdf_lti/grnds_for_...
Joe S.
BOI injunction reinstated again today??
8 January 2025 | 9 replies
Fincen is trying to promote that if someone doesn’t want to file then they must be hiding something .
Nik Verret
Seeking Advice for Initial Bookings
7 January 2025 | 7 replies
For more bookings, consider promoting on social media or offering last-minute deals.Regarding ticket partnerships, local attractions or smaller groups might be more flexible than larger platforms like Xplorie.
David B Graham
financing needed for investment
16 January 2025 | 5 replies
Is in the zip code 15140?
Tyler Munroe
New MA ADU law can be a gamechanger!
21 January 2025 | 3 replies
As long as the ADU is under 900 sq. ft. and meets the state building code, there will be no variance or special permit needed, so no ZBA or neighborhood meetings.