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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
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5 November 2024 | 29 replies
You should only consider switching when your current software has a significant flaw or lacks features that force you to spend excessive time on workarounds.
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6 November 2024 | 12 replies
Also hearing better than market results from those who are self managing as consumers continue to buck excessive fees by seeking to book direct.
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31 October 2024 | 3 replies
, your appetite for risk (are you looking to cash flow, get appreciation, flip money quick for a snowball?)
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4 November 2024 | 12 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
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6 November 2024 | 5 replies
California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.
4 November 2024 | 8 replies
I have not charged them late fees, but in totality, it could excess $1k.
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1 November 2024 | 5 replies
I made millions of dollars in the great recession b/c people used excessive leverage and lost properties to their lenders.
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31 October 2024 | 37 replies
Actually very negative cash flow rates.WWC didn't have the appetite to fund the short flow themselves, as NOI dropped so much.
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1 November 2024 | 3 replies
(to prevent excess costs) We don’t have access to WiFi in those units.