Mike Nelson
Short Term Rental-Famous person previous owner
30 January 2025 | 10 replies
Hey @Mike Nelson, never assume anything about STR rules and regs.Here is the STR rules for Oak Park - https://codelibrary.amlegal.com/codes/oakparkil/latest/oakpa...I would call the city and make sure it is legal for a specific property.Now regarding the famous person angle, sure it can add value to the property or as a STR, but for STR use, I would think you would need it to be in original condition with a lot of the furniture and knick-knacks that were owned by the famous person along with a bunch of photos etc featuring the famous person.If you buy a place that has been totally redone but was owned by someone famous but has no features or things that were theirs, then I don't see it being a draw.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
Paint and carpet are tough enough to organize remotely.
Lee Sanders
Hello from Boston MA
27 January 2025 | 25 replies
I now have a full team with property management and contractors in place.
Michael Overall
Utilities and Interest during remodel Basis or year deduction
21 January 2025 | 10 replies
These costs are added to the basis since the property is not yet placed in service.3.
Diana Teng
Should I Buy My First Rental Property Out-of-State If I'm Unable to Scout the Area?
29 January 2025 | 54 replies
And if you guys know any hot market places that will appreciate greatly, I would love to know!
Michael Lam
Advice on investing in small multifamily rental properties in Cleveland Ohio?
30 January 2025 | 32 replies
What are your thoughts on Cleveland as a place to begin investing and What areas would you recommend I begin looking at?
Christian Houston-Floyd
New Investor, buy and hold residential single family rentals
30 January 2025 | 6 replies
Huntsville is a great place to invest.
Sam Hanaa
Chatting about Windsor,ON
25 January 2025 | 11 replies
new houses are getting sold for 600K, old houses switched to multiple offer selling model, just like some places in GTA.
Geritt Shipley
Dealing with Rats
26 January 2025 | 4 replies
I've been using Rat X and am convinced it doesn't actually kill them, currently just have snap traps in place.
Don Konipol
Why Most Real Estate Investors Can’t Scale Their Investments or Their Business.
4 January 2025 | 14 replies
A common theme amongst those who are successful scaling a real estate portfolio and affiliate real estate businesses is organization skills that allow for systems to be implemented.