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6 November 2024 | 2 replies
On sites like Twitter, I understand why people use pseudonyms or alt-handles, but here, I think it would be in everyone's best interest to add a photo and a short bio and follow the steps that BP sets out for new accounts before posting.
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5 November 2024 | 6 replies
Meets the standard of living onsite...but not according to the city.
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11 November 2024 | 16 replies
You have some life experience under the belt and are looking to push the train faster.The more investors you know in real life, the more opportunities that present themselves.
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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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4 November 2024 | 26 replies
Several thousand dollars of training is insignificant relative to the profit it has brought us.
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7 November 2024 | 6 replies
These are professionals with additional training and a stricter code of ethics.
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5 November 2024 | 6 replies
Supply and demand drives the train.
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6 November 2024 | 6 replies
Ultimately it may be too pricey for them but they've already moved in, I'd ride that train until they got there.
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8 November 2024 | 31 replies
@Zachary Ware What if the SL operator actually lives on site?
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4 November 2024 | 10 replies
I do this actively networking with other investors, sharing content on sites like Bigger Pockets and Think Realty magazine, and building relationships with referral partners like wealth managers.Finally, you have to have the best people working with you from your lender partner, to your property inspector, to your property manager, to your insurance partner, and asset protection and business attorney.