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16 November 2024 | 2 replies
For non-primary residences, they have to follow all of the following rules to receive a permit: - the property must be a minimum of one (1) acre in size (designed as a precaution to disturbances)- The building standards of the underlying zone district must be met - Adequate parking is provided - Defensible Space requirements are met - Valid water and sanitation must be demonstrated - No more than five (5) bedrooms are in the dwelling As time goes on, they continue to become more strict on the rules listed above here, and are actively regulating it.
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18 November 2024 | 13 replies
The 3 non-paying months would have paid for 3 years of management.
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13 November 2024 | 24 replies
If it's in a major city with public transit you can limit the number of rooms that include parking.
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12 November 2024 | 2 replies
I'm in search of a good land use lawyer who can help me negotiate public infrastructure I am being required to pay for near Waynesville, Ohio (Wayne Twp, Warren County, exurb of Cincinnati/ Dayton) in association with a small subdivision I am constructing.
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18 November 2024 | 24 replies
As an investor myself, I need to be creative in sourcing deals so I connect with realtors and contractors who may have access to deals that aren't publicly listed.
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14 November 2024 | 1 reply
While the maximum rate is a 2% charge, the JVCA board can only levy 1%, with the second 1% being implemented by a public vote."
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17 November 2024 | 13 replies
The Due Diligence deposit is non-refundable and goes straight to the seller.
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14 November 2024 | 7 replies
It's not a public company.
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15 November 2024 | 6 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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19 November 2024 | 14 replies
If you think you have average intelligence and a general hard working person, for non luxury STRs (competing with 3 star or below hotels in the area for average people who simply need a bed and a kitchen) I would use 60% occupancy rate to start in the beginning and then 80% after stabilization.