
30 October 2024 | 0 replies
Here’s why I believe the real impact won’t fall on flippers, but rather on wholesalers, sellers of distressed properties, and buyers.1.

7 November 2024 | 12 replies
However, I’ve noticed additional charges that weren’t initially explained, and the rental payments are deposited into my account in multiple transactions each month.

31 October 2024 | 4 replies
I guess my questions is: could I purchase one policy that would cover the tenants in multiple units?

31 October 2024 | 8 replies
I have a few different bank accounts with multiple banks for different reasons (business partnerships, bank relationships, etc.)

4 November 2024 | 1 reply
That said, it's certainly impacting my project in numerous ways and I will have legal expenses.

4 November 2024 | 4 replies
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

5 November 2024 | 17 replies
Yes, rents have been decreasing in certain areas, and it’s definitely having an impact on how landlords are handling tenant approvals.

6 November 2024 | 10 replies
If you're ever looking for assistance, I have owned and operated multiple sober living programs for about 6 years now and also have been in the investor/landlord position.

7 November 2024 | 14 replies
That's where I suspect you may see the most immediate impact on the CRE side.

7 November 2024 | 15 replies
They will have to sell it for a loss cause nobody in their right mind will buy that The increased developer fees is only going to impact the seller, because they are the ones paying for it.