Glad you introduced yourself.. have you identified any mentors who can guide you on your journey?

I would introduce yourself to the parents (really all of the neighbors, it is a good thing).The parents will help keep the kid on the straight and narrow plus it helps show that you are a responsible STR owner working within the community.

When I buy an occupied property, I introduce myself to the tenants on the day of closing; then, I inspect every unit within one week.

My name is Erene Massart, and I am thrilled to introduce myself to this amazing community on BiggerPockets.

The ground floor was redesigned for retail units, while the upper floors were converted into modern, open-concept office spaces.Modern Amenities: Introduced features like energy-efficient lighting, upgraded HVAC systems, and high-speed internet infrastructure.Aesthetic Upgrade: Refreshed the façade with contemporary materials while preserving historical elements to maintain its character.OutcomesIncreased Occupancy: The property went from 40% to 95% occupancy within six months of renovation.Higher Rental Rates: Upgraded spaces commanded rental rates 30% higher than before.Enhanced Property Value: The property's appraised value increased by 50% post-renovation.Investor's ROIBy investing in smart architectural design, the investor not only revitalized a neglected property but also significantly boosted their ROI through higher rental income and property appreciation.

Stricter lending standards could be introduced, making it harder for investors to qualify.

In addition, trade policies have introduced new cost pressures, with a 10% tariff on Chinese imports raising prices on certain goods, though tariffs on Canadian and Mexican imports remain suspended until March.

Quote from @Max Pergament: Hey everyone,I’m Max, and I’m excited to introduce myself as a new property manager here in Charleston!

I would love to be introduced to equity partners and lenders as I have a potential deal that I want to present an offer - but struggling with the 25% equity required by most institutional banks.Thanks again!

Hi AllIn 2019, Des Moines introduced limitations on STRs.