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10 November 2024 | 1 reply
Has anyone been in a situation where they acquired a condo and operated it as an STR when the HOA did not make the exclusion in their CC&Rs, but then faced resistance from the HOA?
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11 November 2024 | 65 replies
Operator positions themselves as the owner of the Property Management company when they in fact, are not.
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12 November 2024 | 10 replies
Jasmine either joined one of our live webinar trainings or signed up for a one-time special offer for our Pro Group, which is a different program from our other platforms and educational support systems.
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11 November 2024 | 29 replies
Having someone who has owned and operated a similar asset is worth its weight in gold.
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8 November 2024 | 2 replies
I am a realtor so Ii used a lot of my training or else I would have been in a fix.
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8 November 2024 | 31 replies
@Kayla Givens Do you own the houses where you operate the SL homes?
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10 November 2024 | 8 replies
Yes, you can ultimately own a property with little/nothing out of pocket when you're done - but when you reposition with today's rates even moderately leveraged stabilized assets can be hard to find cashflow with debt service and a realistic operating expense load.
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11 November 2024 | 4 replies
We had to 'pierce the veil' and have an underlying partnership agreement, bank account in the partnership name rather than Land Trust name, but it did work out to open an operating account for each property.
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9 November 2024 | 5 replies
Each tenant would have to accept responsibility and be trained.
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13 November 2024 | 18 replies
If I was going to buy something for my company to operate out of (70% of the property), I would then go for a 7A SBA loan.