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21 March 2024 | 0 replies
This sector caters to a wide array of tenants, including traveling professionals, students, and individuals in transition, offering them the flexibility and comfort of a home away from home.
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21 March 2024 | 2 replies
**Windows: Missing or Substandard Counterweights/Springs** - Multiple windows had missing or substandard counterweights/springs, creating a safety hazard.10.
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20 March 2024 | 24 replies
I think knowing the laws in your area will also help you as you create your lease.
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23 March 2024 | 31 replies
Also, due to KC mayor creating this ordinance, which to highlight and summarize includes:bans discrimination against tenants based solely on:"-Source of income from an occupation, including gig work or paying rent in cash-Use of public programs like Section 8 Housing Choice Vouchers, disability checks, or social security-Poor credit score-Prior evictions and alleged damages older than 12 months (less than 12 months can be a basis for denial)-Prior convictions or arrests (sexual and violent crimes are excepted, a landlord can still deny based on these convictions)-The ordinance also requires the city to proactively scan for rental ads using discriminatory language like “no Section 8” or “no past evictions”.
21 March 2024 | 6 replies
In my world, all properties go to the MLS and that platform pushes the data through IDX to individual brokerage websites, including my own.
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21 March 2024 | 3 replies
Ask your accountant to read Regs 1.469 and CCA Memo 202151005.You can have Nonpassive Schedule Es under certain circumstances but it appears he is listing it as passive, therefore creating suspended losses.Here is a previous thread: https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals
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22 March 2024 | 21 replies
This creates opportunities for short-term vacation rentals, potentially yielding high rental income during peak seasons.3.
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21 March 2024 | 0 replies
Generative AI is creating new opportunities for property design and marketing, while analytical AI is enhancing investment strategies.Pioneering Solutions for Real Estate ProfessionalsAmidst these changes, solutions are emerging.
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21 March 2024 | 1 reply
Hi Laura, Here's my advice Attend Real Estate Networking Events, Join Online Real Estate Communities, Utilize Real Estate Investment Clubs, Network with Real Estate Professionals, Create a Professional Online Presence, Utilize Referrals, Partner with Experienced Investors, Attend Real Estate Auctions, Offer Value, and you know what's the last?
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22 March 2024 | 19 replies
Furthermore, being flexible and adaptive in your real estate transactions may be achieved by creating a contingency plan for both scenarios.