Excessive complaints or three violations in three years could lead to losing the ability to operate​.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o

Understand the concept of a motivated seller, and apply this insight to your interactions and content.When you do this, you won’t have to worry about finding cash buyers—they’ll find you.

After speaking to a real estate investor recently, I got to find out that one of the most important things for wholesaling (if not the most important) is networking, that goes from buyers to listing agents and everyone involved in the sale and purchase of a property.

Since there’s no recorded lien and they weren’t involved during the foreclosure, it sounds like they’re pushing boundaries by attempting to enforce something without proper documentation.

If you read the actual eviction moratorium order, it requires the tenant to demonstrate loss of income and that they've applied for assistance.

The BRRRR strategy and tax lien investing are both great approaches, especially when you’re getting started and want to maximize your investments.I’m involved in the investment real estate space as well, primarily focusing on new construction duplexes in downtown Indianapolis.

Meanwhile our local properties were having increased cash flow without the effort involved with 2 hurricanes. 

I’d love to have real estate provide some financial freedom/flexibility and create a portfolio that I could eventually get my kids involved with and pass down to them, but I end up feeling frozen/stuck based on the factors above. 

@Zach RumfieldEstimating an ARV involves using public sales data, subscription services, local tax assessor's website, real estate agents, CMA tools, and local appraisers.

In retrospect, some yellow flags found by the property manager during the tenant screening are now bright red flashing sirens, but the tenant showed decent credit, had a positive previous landlord reference, wrote a charming cover letter in his application, and applied through the referral of a reputable real estate agent.