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4 September 2024 | 1 reply
This probably provides an adequate level of protection for Freddie.It’s a concept that is hard to swallow.
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5 September 2024 | 4 replies
@James McGovern, while I don't necessarily agree with your language, I certainly understand where you are coming from.If you truly want to exploit them, then continually report code violations: long grass, broken windows, broken down cars parked on property, anything that will keep racking up the nuisance issues of the property that the landlord not only has to handle with effort but also with money...But, assuming you don't want to go to that level, find the owner and reach out.
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5 September 2024 | 9 replies
My close neighborhood rarely has any fixer upper that fit for a rehab.
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6 September 2024 | 11 replies
To qualify, property owners must meet specific criteria:Guest stay duration: Rentals must average no more than seven days per guest.Service level: Owners must provide services comparable to a hotel, such as daily cleaning, meals, or transportation.
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5 September 2024 | 35 replies
I am betting that those with the biggest regrets are those that bought at the wrong time expecting COVID level occupancy was normal and those that didn't take the time to learn what it takes to run a successful STR.
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4 September 2024 | 3 replies
You pay them interest, which can be deductible at your rental level.
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3 September 2024 | 0 replies
Although leasing activity is down 63% from pre-pandemic levels, the pace of new vacancies is slowing, reducing unoccupied space from 58 million to 44 million square feet over the past year.Multifamily PropertiesHigh mortgage rates have boosted demand for rental units, with net absorption up 90% year-over-year.
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5 September 2024 | 8 replies
Kyle Zochert:Be very careful.In Texas, once a lien on property is filed, it is on file forever and part of the chain of title until it is released with a Release of Lien.You can research this yourself in the County records, and find a level of comfort depending on your experience with this.You can even buy someone else's opinion regarding whether or not there is a lien on the property.
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13 September 2024 | 61 replies
@Noah BaconI am not really concerned about either housing plan as both parties have been talking about building more affordable housing for decades but it boils down to a local level and the NIMBY groupsIt will be status quo like it has been since I can remember