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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 | 9 replies
I'd be happy to take a call with you and have a convo with the property analyzer I have for that area, he lives in Cherry Hill NJ and knows South Jersey and those areas like Collingswood, Berlin, Voorhees, Marlton, Haddon Heights, Hamilton, and even as far south as Vineland and down to the Jersey Shore.
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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.