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4 November 2024 | 4 replies
Excessive complaints or three violations in three years could lead to losing the ability to operate.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o
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8 November 2024 | 47 replies
Basic pricing seems reasonable at around $30/property/month, but that’s clearly their basic pricing with a bit of nickel and diming as you add in additional capabilities: 1.
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7 November 2024 | 2 replies
What that means is that if you win, they let you win and they didn't want the property of they bid you up.These are the basics, but I think you were way ahead knowing it's not ripe to be an acquisition pipeline.
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7 November 2024 | 15 replies
This is basically only in 2 wards and the alderman have the ability to make zoning and land use decisions for their specific ward, but the whole thing is counterproductive.
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7 November 2024 | 18 replies
Of course you get the basics but if you want to full version of the tool it $50.00 bucks per mo. extra and you need to buy credits for things like skip tracing.To be honest I've learned so much more right here through Bigger Pockets, and I believe you can find a mentor on here or someone that would be willing to help you out right here.
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11 November 2024 | 20 replies
Of those how many are 2 bed + home office or 3 beds, basically suitable for a household earning $150K?
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8 November 2024 | 10 replies
And the first property was a house hack where I rented out bedrooms to cover mortgage, while living there for basically free.
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7 November 2024 | 21 replies
Basically the concern is they tie up the property, collect enough rents to make a little bit, and then just default.
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9 November 2024 | 21 replies
Basically means that I will have to get the property to a condition that is acceptable for code enforcement during this period.
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1 November 2024 | 22 replies
There are items required by law and in general those are related to the safety and basic comfort of living.