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26 January 2025 | 17 replies
With this one I would a paragraph that states " in case of any unforeseen circumstances due to the plumbing, we ask that you not flush wipes or pour grease down the drains " that way you have stated that in the rules part of the listing.
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23 December 2024 | 34 replies
The 1% rule is a simple rule which is easy to calculate and describe.The Market Analysis IS the screening rule.
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26 December 2024 | 7 replies
If in the rare chance they do allow short term rentals in the HOA rules/regulations and association documents, don't be surprised if they change that ruling after you buy.
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13 January 2025 | 4 replies
Asking in the correct forum will get a better response.Read the RULES!
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15 January 2025 | 12 replies
You’ll also want to have them sign a rental agreement that lays out your rules, payment terms, and any liability.
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25 January 2025 | 5 replies
Just check the local rules to make sure you’re good to go!
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21 January 2025 | 5 replies
The issue I see most is the cashflow gets crushed by HOA fees and the added headaches of having them tweaking rules etc.
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26 January 2025 | 48 replies
@Joy Daniels I have one of my STRs in that market on Anna Maria and each “city” on that 7 mile island has different STR rules.
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15 January 2025 | 6 replies
Make sure your listing clearly outlines your screening criteria as well as your "house rules" if you're renting out a single room in your home.
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11 January 2025 | 4 replies
If you’re using leverage, be extra cautious with your underwriting to ensure the deal still works at today’s rates.Economic Uncertainty: Inflation, potential recessions, or shifts in demand could affect rents, vacancy rates, and property values in some markets.Increased Operating Costs: Rising insurance premiums, property taxes, and maintenance costs can cut into profit margins, particularly for buy-and-hold investments.Regulatory Risks: Some areas are increasing restrictions on landlords, particularly short-term rentals.