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30 December 2024 | 16 replies
Buying in those areas makes more sense for STRs as the municipalities rely on the revenue.Less chance of a lot of regulation.
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26 December 2024 | 3 replies
However, a recent delay in its opening, now pushed to 2025 due to supply chain challenges and other logistical issues, has created a mixed landscape for real estate investors.Real Estate Growth: The Big PictureWhen fully operational, BlueOval City is projected to employ about 6,000 people.
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30 December 2024 | 11 replies
Medford (North Boston) happens to be a low supply/high demand market so I absolutely need to get more comfortable with consistent rent increases but those increases need to be researched and in line with the market.
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16 December 2024 | 6 replies
It is a federal regulation but some states reach out and screw you.
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24 December 2024 | 25 replies
Research local regulations thoroughly, as towns often require permits, owner occupancy, or restrict rental days.
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23 December 2024 | 5 replies
Hey @Caprice Watkins, so Sheboygan does have some STR regulations.
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27 December 2024 | 8 replies
Part of this is regulations in my city, but after having done it this way, I wouldn't ever want to do it with a single family home.
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30 December 2024 | 15 replies
Finally, The rent control discourages further development, limiting supply which results in higher rents.So rents go up, but the rent control advocates are too uneducated on the economics of the rent control policy to see their role in the rent increase.Another consequence of rent control is no value in keeping the property as nice.
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31 December 2024 | 13 replies
I guess my challenge right now is to define the strategy and balance all the factors, such as job and population growth (value increase), cashflow (demand & supply market, interest rate, property tax, maintenance cost), and risk control (insurance etc).
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23 December 2024 | 24 replies
Likely they will only allow you to live in the property once you refinance out of the debt due to rules and regulations, but you can always ask!