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8 June 2024 | 5 replies
I also don't know if there's a specific process we have to go through with the city for it to be recognized as a duplex down.Basically, I just don't know if the status as an illegal garden unit (the lack of ceiling height and correct zoning) prevents me legally from using the space for either of these ideas and legally, or if it's just dead space.
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10 June 2024 | 30 replies
"Milwaukee's cheap homes" are fools gold.
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8 June 2024 | 4 replies
I think a lot has to do with the property itself, if there's space for dogs and their business, and also the area and type of guests likely to visit.
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7 June 2024 | 3 replies
. - Management and resources..operate it like a hospitality business with very clear communication with guests and reliable crews both for cleaning and emergencies. - Consider guest amenities, house rules..hot tub..pet friendly etc- TLC.
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10 June 2024 | 35 replies
haha , the answer is different, same question being asked in twitter or biggerpockets.BP army seriously needs to invade Twitter-land to convince people that residential real estate in Ohio is worth more than gold silver ;-) all these genZ just wanna do crypto
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7 June 2024 | 6 replies
--> Crowd Pleasing Standout Outdoor Amenities🏀 Sports Court - Pickleball & Basketball⛳️ Putting Green🔥 Fire Pits🔹 Hot Tub👨👩👧👦 Multiple Seating Areas🏓 Corn Hole & Ping Pong💧 Heated Pool🍔 Built-in Grill🖼️ Outdoor Mural--> Crowd Pleasing Indoor Amenities & Design🔹 Blockbuster Movie Themed Bedrooms & Design Carried Throughout the House🔹 Converted Garage Space Into a Pool Table Game Room🔹 Poker Room🔹 Themed MuralKey Takeaways to Drive Revenue for Your STR🔸Know Your Guest or Avatar and Design for That: Don't be afraid to go all-in on a theme that resonates with your target audience.
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7 June 2024 | 2 replies
I run an AirB&B (with superhost status) in my home so am accustomed to sharing my space with others and being respectful of other's personal space.
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8 June 2024 | 6 replies
It's an area I don't actively recommend STR as it does have usage limitations (duration restrictions between guests) but it's primarily a second home getaway and will transition to full time vacation rental down the line.
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7 June 2024 | 10 replies
We contacted guests and explain to them.
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7 June 2024 | 3 replies
You likely won't be able to offset the rental loss with your W-2 income unless you can claim real estate professional status or operate it as a STR and self-manage it.The answer won't change even if you own the property inside of an LLC.Best of luck.