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11 September 2024 | 2 replies
These changes aim to prevent future tragedies but have also led to increased financial burdens on condo owners, as maintenance fees are expected to rise significantly.Insurance Costs:In addition to legislative pressures, Florida condo associations are facing skyrocketing insurance costs.
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14 September 2024 | 26 replies
Are you aiming to host families, snowbirds, couples, or work travelers, etc.?
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12 September 2024 | 18 replies
I like Pompano as well I think we are aiming for single family
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12 September 2024 | 23 replies
If someone uses AI to supplement original thought in an extremely valuable way… don’t report it and let’s thank them and learn from them.
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11 September 2024 | 20 replies
Now you will need dedicated leasing agents to supplement PM's because the # of doors this will take it's just not realistic to put it all on so few PM's, so we got at least 4 leasing agents.
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11 September 2024 | 22 replies
A minimum of 20% equity is my benchmark, ensuring I dont find myself upsupside down on my investment.Positive Cash Flow by the Conclusion of Year One:I aim for a positive cash flow figure at the end of the first year.
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10 September 2024 | 11 replies
For the new tenant you sign, aim for a lease that ends in the spring or summer.For example, if a new tenant wants to move in on 11/1, try to secure a lease of 17+ months.
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13 September 2024 | 50 replies
Aiming to get a C property, in a B neighborhood, to attract the best of the worst in terms of clients to capture stability of section 8.The biggest thing I'm stuck on is knowing who to trust.
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10 September 2024 | 10 replies
Additional fees may apply depending on the number of days the property is rented.Personal Property Tax: Starting in 2024, California requires some STR owners to report the value of personal property used in the rental (such as furnishings) for taxation purposes.Potential 15% Statewide STR Tax: A new bill (SB 584) may introduce an additional 15% state tax on STRs starting in 2025, on top of local TOT, aimed at addressing California’s housing affordability crisis(
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9 September 2024 | 1 reply
This shift aims to avoid the high costs of renting temporary locations as the company focuses on stabilizing its business after emerging from bankruptcy in 2023.Meanwhile, Spirit Halloween is expanding aggressively, with a record 1,525 pop-up stores for the 2024 season, offering immersive experiences with animatronics and interactive displays.