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5 November 2024 | 6 replies
We manage several 'hybrid' properties in Indianapolis, where many function as STRs for the majority of the year and shift to MTRs during the winter months.
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6 November 2024 | 13 replies
Move out time came and they hadn't even started looking for a place etc etc. 2 weeks out from the court date for the eviction they upped and moved and didn't even request the funds (not that I would have given it to them anyways because they were 2 months past the agreed upon move out date).
4 November 2024 | 8 replies
Additionally, there was still a fully functioning bathroom during that time.
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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 | 14 replies
Would a court allow you to collect twice- make a windfall profit on this mistake in renter judgment?
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5 November 2024 | 17 replies
In San Joaquin County (CA) it's taking up to 2 months for the court to process an initial filing of the UD action (they do notify the tenant of the action).
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6 November 2024 | 5 replies
So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.
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3 November 2024 | 4 replies
The search function here will help you a lot.
3 November 2024 | 0 replies
Purchase price: $625,000 Sale price: $700,000 I’m excited to share my recent experience with a wholesale investment in a single-family residence located at 875 N Michigan Avenue, Chicago, IL 60611.After purchasing the property for $625,000, I focused on strategic renovations that enhanced its appeal and functionality.
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4 November 2024 | 12 replies
So even if you pick a state with stronger protections like WY or NV, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.