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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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16 November 2024 | 3 replies
My primary residence is debt free as is my rental property-- the thought is the rental will supplement the retirement income and I'm not chasing ROI/ COCr / vacancies / etc.Thanks for the welcome!
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15 November 2024 | 4 replies
Often times we have the vendor/contractor reach out to the resident to communicate directly on a time when they will be home to let them in.
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14 November 2024 | 1 reply
It only applies to residents living in Jerome Village so for investors, it would only apply to rental income from Jerome Village properties, not your entire portfolio or out-of-state income.
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15 November 2024 | 4 replies
I used to manage a few MH communities in Michigan and oversaw transferring of titles when our residents sold their homes.
14 November 2024 | 13 replies
I'm finding out that if I make the property my primary residence for 1 yr and then turn it into a rental.
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14 November 2024 | 3 replies
Check out my story here: https://www.padsplit.com/stories/members/jeanQuote from @Alex Martinez: Investment Info:Single-family residence buy & hold investment in Atlanta.
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16 November 2024 | 3 replies
Lawn Care: Regular upkeep, normally the tenant's job on single family residences stated in the lease.7.
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15 November 2024 | 3 replies
So, I decided to drive a nearby neighborhood close to my residence, recently and document addresses of seemingly vacant distressed properties.
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22 November 2024 | 92 replies
A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants/higher rents & reduced management expenses Tenants who reside in better situated housing and pay higher rents are more financially responsible meaning lower rate of rent loss and will generally take better care of the property.