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27 June 2024 | 17 replies
A couple hours north in rural Wisconsin they are the most popular system, especially for lake homes and cabins.Appraisals are always +/- 10%.
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26 June 2024 | 5 replies
Here is a quick run down of the different areas around the lake in regards to STRs: INCLINE VILLAGE & CRYSTAL BAY, NEVADAAs of right now, a permit is required, but there are no caps.
26 June 2024 | 1 reply
Question: We have two CALIF. condos (PGA West La Quinta & Lake Arrowhead), each earning $30K ann. as STR’s, w/3% loans, our son pays for one condo.
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27 June 2024 | 1 reply
About 15 years prior he had purchased an inexpensive tract of land near Lake Houston outside of Huffman, Texas.
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2 July 2024 | 108 replies
Of course there is a line that separates legal business from criminal enterprise, but the line is not drawn where you draw it, by alleging and asserting that a businessman must act against his own interests and make idiotic decisions aimed to ruin his own business.All above said, I am not an evil or malicious person.
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26 June 2024 | 38 replies
I do not want to go into another vacation market but rather a metro area with a more diversified economy again just to get into a different type of asset.That being said I do want to continue to short term rent the next few properties we get at least in the first few years of ownership in order to increase cash flow to combat these higher prices and carrying costs before potentially converting to more passive long terms down the line.Therefore I am looking for markets that 1) have a decent draw of visitors year round 2) have regulations that allow strs in some parts of the city 3) Are in growing cities in the west or south.Below is a list of markets I have identified as potential places to look and I was hoping to get some insight from either other investors doing the same thing or agents/investors in any of these markets on whether this is potentially a good market to explore or not.1) Salt Lake City (this is right at the top of my list due to its proximity to ski resorts, expanding of the airport and long term strategic business planning of the area but I have very little knowledge of this market)2) Denver 3) Phoenix (used to live in AZ and like the fact that the state of AZ seems to look favorable on strs)4) Tucson (see above but lower home prices/potentially less appreciation)5) San Diego/LA (these are attractive because of their proximity to my home in Irvine)6) San Antonio (love that it is very close to the booming Austin and feel that this is a market that could see some real growth in the future)7) Tampa/St Pete (I have always been very interested in this market for both short term and long term rentals)8) Raleigh (have invested in Charlotte and love NC but again very little knowledge on this area)Any insights or advice on any of this would be greatly appreciated.
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27 June 2024 | 14 replies
I haven't had anyone jump up and down for something we have in our lake house.
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26 June 2024 | 65 replies
Clermont is primarily in Lake county.
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26 June 2024 | 9 replies
It sits right on the end of Lake Erie and gets ALL the lake effect snow.Not a show stopper, they know how to deal with snow and weather in Buffalo, but it is something to work into your numbers when you are doing your due diligence on a property.
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24 June 2024 | 3 replies
Looking to connect with people who understand vacation rentals on Lake Norman.