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20 January 2025 | 6 replies
Also, long term, I expect Sac will enact tougher restrictions on STR, given the intense housing crunch we're experience, so I personally don't expect that to a be a good long term strategy.
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22 January 2025 | 2 replies
If your client is planning to use a loan to purchase the portfolio, they should be aware that many lenders include prepayment penalties or restrictions when properties in a portfolio are sold off individually.
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28 January 2025 | 13 replies
Then there’s city regulations—some places heavily restrict short-term rentals, so you’ve got to check the rules.If you find the right spot and automate stuff (guest communication, cleaning, etc.), it can be profitable.
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28 January 2025 | 14 replies
There are also 'mezz' lenders (typically for larger transactions) who will cover up to 90% CLTV and require you to bring the remaining equity to the deal, and additionally there is Gap Funding in the form of unsecured personal debt.The latter can potentially be the most expensive option, but allows for true 100% financing as there are no restrictions for how to use these funds, as they are unsecured, and generally obtained through personal credit, income etc (since there is no collateral for obtaining these funds).
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23 January 2025 | 15 replies
Do any of the tenants have Dogs (Breed restrictions are individual to each company).These may not prevent you from getting insurance but they may limit the number of companies willing to insure it.
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20 February 2025 | 18 replies
There are restrictions and unhosted seem to be illegal - https://www.longbeach.gov/globalassets/lbcd/media-library/do...They say that it isn't specifically prohibited but it is banned by the omission.
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18 February 2025 | 24 replies
I suggest to a lot of our investors to look at areas such as West Allis, Bay View, Saint Francis, South Milwuakee, and if you want to invest in Milwaukee some good areas are Riverwest, Harambe, and Washington Heights.
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22 January 2025 | 8 replies
Many of them now have very restrictive permitting requirements.However, I have a real soft spot to Edisto Beach.
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23 January 2025 | 9 replies
I did do a precursory investigation into what requirements are and it looks like there might be some zoning restrictions, as well as permits required.
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20 January 2025 | 33 replies
Archer Heights?