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5 November 2024 | 17 replies
There is much less new supply of single family homes, so the rental rates are flat to up a little; this does depend on the neighborhood though, in some of the fringe areas where there is a lot of new single family home construction the rents are a little softer.
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7 November 2024 | 16 replies
You pay the lister flat fees but promise selling agent (who bring the buyer)some %% from sale.
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7 November 2024 | 8 replies
Personally, with the excess costs, I'd rather put that cash towards equity when purchasing rather than a lender's pocket.
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12 November 2024 | 171 replies
That is why value creation and upward increase of rents is important.This is why I do not like Dollar Generals. 15 year flat rent and an inferior building in junk locations.
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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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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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7 November 2024 | 8 replies
@Brody Veilleux, to say "cash flow is tax free" is, at best, grossly misleading and, at worst, flat out wrong.What is true is 1) taxes are based on net income and 2) cash flow does not equal net income.
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21 November 2024 | 305 replies
Do you have a percentage (~15% of rent) or a flat amount (~$2K-$3K) that you use to estimate repairs/turnover per year?
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4 November 2024 | 11 replies
Or do you have one flat rate so long as the paw score isn't 0?
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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.