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21 January 2025 | 15 replies
Check AirDNA for demand, pricing, etc.The Dekalb Board of Commissioners has proposed regulations for short-term rentals. https://engagedekalb.dekalbcountyga.gov/airbnb-dekalb-countyShort term rentals require you or your property manager to be hands-on and come with more risk.
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27 January 2025 | 12 replies
Gaining valuable insights into the local market.Always consider that Jackson County has a LOT of variability in KC proper and then uniques submarkets of LS, BS, Independence, Raytown, Grandview, etc all with their own local city governments, rules and regulations, each with their own uniques submarkets of their own...Happy to chat and share my knowledge and experience.2.
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13 January 2025 | 0 replies
In New Hampshire, title laws are strict, so we couldn’t move forward without obtaining a signature from a living heir.The title company dug deep and eventually located a distant relative—a niece of the deceased owner, two generations removed.
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21 February 2025 | 30 replies
Depreciation and other deductions aside, irr on our sfr have lagged the s&p all without collections, code compliance as well as escalating municipal rental regulations of permits and licenses.
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10 January 2025 | 5 replies
Quote from @Reed Rickenbach: John - as long as you are still following strict screening criteria I agree for single family.
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13 January 2025 | 4 replies
Great idea, but check your local regulations.
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16 January 2025 | 2 replies
You also need to consider any STR regulations.
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21 January 2025 | 11 replies
In the last few years, they've made illegal:-Rent controls of any kind-Limiting of fees or screening charges-The ability of HOAs to regulate STRs or LTRs in their neighborhoodThat's just the start.
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15 January 2025 | 15 replies
If you are able to manage it yourself, I think you will get a lot of very helpful education in real estate by spending a least a year or two doing that.You'll be able to work with property managers a lot better if you've done the work yourself for a bit, and it also helps to get familiar with the various laws and regulations you have to comply with as the owner, even if you do have a property manager in place (e.g., the new RI rental registry and associated lead paint inspections/certificates).It's up to you whether you're able to do it, but I think you'll get a lot out of the experience if you can try it for a year or two.
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12 January 2025 | 7 replies
I'm looking to buy a house in the St Pete market & have read zoning regulations, articles about STR (anything less than 30 days) and have discussed with my realtor.