William HooFatt
Allow MTR in Condo HOA Board bylaw change?
30 October 2024 | 1 reply
I have a nice hi-rise condo unit and I get tons of companies asking if I do MTRs for Visiting Nurses, Tech Professionals, etc.My place is positioned near a number of large DC Metro Hospitals, but since covid work-from-home and recent lift of Eviction Moritorium, I have had few people with jobs, but a ton of people recently evicted looking to rent my place.The one viable group - visiting nurses has been excluded because my HOA will not allow short or mid-term rentals (anything less than one year is a No-No).They claim too many transient tenants cause excessive wear and tear on the property and too many people using resources like the gym, or pool or common areas.I think that's a lot of horse waste!
Nolan Peralta
Tenant not paying rent gone AWOL
31 October 2024 | 5 replies
When we last spoke he mentioned he had covid and his phone has been shut off, but he was planning to be at the house the next weekend with rent and all the late fees ready to go.
Deepak Malhotra
Line of Credit on Property in LLC
4 November 2024 | 19 replies
They have not been offering HELOCs for LLCs since COVID.
Garrett Brown
What are your top 3 up and coming markets for Short Term Rentals?
6 November 2024 | 42 replies
It was a hot market for people moving during COVID but also a hot market for STR at the same time.
Hayley Evans
Wedding Venue Funding
31 October 2024 | 2 replies
I don't have any of their financials yet but expect that they ran solidly for years with a knock from covid.
Julio Gonzalez
The Short- Term Rental Loophole Explained
31 October 2024 | 11 replies
STRs have very substantial tax advantages compared to other strategies as long as proper tax planning is done.Let’s start by getting an understanding of how rental property loss recognition has evolved over time.
Jake Andronico
Why is my rental not renting?
29 October 2024 | 0 replies
We've heard this question a decent amount recently, and I'm assuming that it's Nationwide due to the stats below: 2024 is the most apartment units completed in a single year since 1987.We're definitely no longer in the days of throwing up 3 blurry photos, pushing rents, and having 5-10 applications within a 3 day period (COVID era).
Deborah R.
Hurricane advice - LTR flooded
5 November 2024 | 39 replies
The hurricanes certainly didn’t stop Californians and New Yorkers and everybody else in the US from flocking to Florida in droves pre-Covid and during Covid and I think it’s always going to be a popular tourist destination and place for people to want to live.
Dillan Gomez
Advice needed on results of my property inspection
1 November 2024 | 5 replies
The seller already has given me a good deal on the property due to her being forced to return to NYC for work post-covid (seller is paying $20K out of pocket after overpaying for the property 2 yrs ago, and sellers agent is taking a commission cut to make the deal work).
Keleisha Carter
New construction but no experience where to start
30 October 2024 | 11 replies
That was during Covid.