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12 December 2024 | 6 replies
If the covenant specifically prohibits renting out rooms or STRs, you may be restricted from doing so.You should carefully review the covenants tied to your property to understand the specific restrictions.
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16 December 2024 | 12 replies
After the framework is filled out, our acquisitions team will start curating a selection of homes specifically for you to choose from.
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15 December 2024 | 59 replies
ALSO they have regs on rooming houses only allowed in specific zoning, similar zoning as for hotels; only on main streets in business districts AND you have to apply for licensing and blabla as for a hotel..That said; there is a small movement supporting rent by the room as a small step toward solving affordable housing.
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13 December 2024 | 7 replies
The best thing to do is look up property taxes on county/town websites to get an idea for specific properties.
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14 December 2024 | 6 replies
If you're not set on a specific market, it's worth waiting until you choose, as forming the LLC in your target state can simplify compliance, property registration, and taxes.
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16 December 2024 | 23 replies
If so, I am curious the thoughts and drives behind that, like, maybe really wanted exact answers to you so thought posting on your specifics was best approach?
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12 December 2024 | 10 replies
There is not chart, there is a website called Vyzer that tracks this if you are an investor and use their platform.I know this does not give you a specific answer of XYZ, but I hope this helpsPS:As a moderator I am not employed by BP but volunteer to moderate the posts to make sure they meet community guidelines.
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13 December 2024 | 5 replies
@Spencer ManningYour other questions were answered except for last one.S8 vouchers are for a specific number of bedrooms and rent amounts.So, a S8 tenant must find a property with rent that does not exceed their voucher amount.This stops S8 tenants from renting Class A properties and most Class B.Currently, Fair Housing does NOT protect source of income, so unless a state or local government has passed a law stating otherwise, landlords do NOT have to accept S8 vouchers.
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13 December 2024 | 16 replies
Rather than continue this agonizing trial-by-error approach, I would appreciate if someone would please refer me to the specific bank branch and bank manager that set up your LLC checking account for you so that I can give them a call.
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14 December 2024 | 6 replies
Yes, it is possible to obtain a second FHA loan, but only under specific circumstances, as FHA loans are designed primarily for owner-occupied properties.