I'm not saying you weren't, but I know architects and engineers, if they get a feeling that a client doesn't really know what they want and will need an excessive amount of hand holding and doing several redesigns through the process, they will pad their numbers.

I have a client who has like 5 STR assets up there. 

There is NO registry for Trusts (like there is for LLC's and Corp's) so you get total privacy of ownership...which is your first line of defense when it comes to crazy tenants and contingency fee lawyers (and their dead-beat clients).

I usually suggest to my clients the equivalent of 3 months’ rent held in escrow and double the daily rent rate to be charged in the rent-back agreement starting after agreed upon move-out date if they are not out, with seller maintaining all utilities and repairs on appliances and systems until move out, especially if you’re planning to renovate, anyway.

Happy to talk.Awesome, I’m looking for some wholesale properties, for my clients or even personally.

I'm a financial planner who works with real estate investors - we have a client who plans to renovate a Clinton Hill (Brooklyn) property that has been in his family for generations into a multifamily rental.

I'm advising my clients about this exact issue—it’s so important for new investors to understand the FEMA 50% Rule before diving into flood-zone rehabs.

Dynamic Pricing- Price Adjustments: We take a look at market demand, local events, and seasonal trends to adjust prices, ensuring our clients get the best rates.- Special Discounts: We offer last-minute deals and early booking discounts to fill any empty nights while maintaining profitability.- Using Pricing Tools: We check our pricing tool, PriceLabs, to set the best rates for the day.2.

While there are exceptions, we typically advise our clients to track their mileage.

I had this happen to me once, but fortunately the LP backed out early enough for us to pivot and raise all the equity from our HNW clients.