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3 October 2024 | 16 replies
Are there lots of reguklation restrictions in Blue ridge?
1 October 2024 | 1 reply
My only roadblock is there is a deed restriction that states "No use of said property pursuant to rental agreement (oral, written, or otherwise) or other landlord - tenant relationship.
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2 October 2024 | 5 replies
I've never seen an "All Other Perils" deductible restricted to percentage of the policy.
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4 October 2024 | 9 replies
Regs can run the gamut: STR licenses are unlimited and available immediately with no restrictions, STRs can only be rented so many nights/ stays a year, STRs can only be in designated areas, the number of STRs are capped and there is a waitlist for a license.As others have mentioned, typically an unregulated STR will have more revenue than a LTR, but it will require more consistent work and effort.
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4 October 2024 | 10 replies
This is why agency loans have more restrictive yield maintenance, and defeasance prepayment penalties (they don't want you to immediately jump ship, and leave the mortgage bond holders handing).
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2 October 2024 | 7 replies
Any thoughts on other alternatives or experience doing short term rentals even with HOA restrictions?
4 October 2024 | 26 replies
His Screening parameters were not as restrictive. do you need to adjust your screening parameters?
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2 October 2024 | 7 replies
Remember there are a lot of restrictions in Fort Worth and Arlington.
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2 October 2024 | 5 replies
Hey @Katie Casper, check each municipality for the regs.There have been a lot of restrictions put in place depending on the area.There have been some lawsuits flying around in Conway so do your diligence.Bartlett is hard to read, but there are a ton of folks working to ban STRs in the area.
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1 October 2024 | 5 replies
If she means October's rent, then you will prorate it for the number of days she's there, but she must pay up front.She was given instructions on what to do when it was only restricted to one small piece of furniture and when there was no evidence of it anywhere but on those two pieces of furniture and I'm guessing she didn't do anything AND she kept the furniture with the mold on it allowing it to spread.