4 November 2024 | 4 replies
So that let's you keep moving forward but strategically remove some of your debt.If you have several properties to sell then do a deep dive on them.
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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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4 November 2024 | 4 replies
Have the tenant sign a Lease Amendment indicating that the tenant is responsible for the cost of installation of the charger, any maint and repairs, and also removal cost (if desired later by you or the HOA).
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8 November 2024 | 22 replies
This is because the earlier years see a large jump in IRR due to the leverage used, however this effect diminishes in later years.2.
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3 November 2024 | 5 replies
While I can’t promote my company directly, I’m looking to connect with cash buyers in key markets such as Florida, Arizona, Michigan, Alabama, Nevada, Ohio, Texas, North Carolina, Tennessee, and Georgia.I’d love to hear from anyone who has successfully built relationships with cash buyers.What strategies or platforms have you found most effective for connecting with them?
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5 November 2024 | 17 replies
The action then needs to be served to the tenant which then gives them 5 days to respond (10 days when new legislation goes into effect next year).
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6 November 2024 | 5 replies
I advise against asking random people on the internet for guidance on this matter.Another thing to consider is the Corporate Transparency Act has removed some of the anonymity you get with LLCs.
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5 November 2024 | 52 replies
#1, they removed pro/platinum features (calculators is what I care about)
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2 November 2024 | 1 reply
My contractor is saying it's not something they can remove even after they re-painted over the top.
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3 November 2024 | 24 replies
The Mortgagee may consider that this income is reasonably likely to continue for three years.Calculation of Effective IncomeThe Mortgagee may only use Section 8 Homeownership Voucher subsidies as Effective Income if it is not used as an offset to the monthly Mortgage Payment.