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30 August 2024 | 29 replies
I think most locals are aware of the history of STRs proposals/cases in Portsmouth, Laconia’s existing restrictions limiting non-owner occupied STRs to resort/shorefront only, VT's local option tax that allows a 1% tax above the state's existing 9% tax, Portland cap on STR permits and increases tied to inflation, and it's also probably a good idea for folks to understand NH's Senate Bill 249, which proposed a "ban of local bans" around STRs and basically died on the floor(?)
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28 August 2024 | 16 replies
Just tied up a deal from a mailer TWO years ago!
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28 August 2024 | 9 replies
Remember to factor in the ancillary businesses that any particular theme of business needs, as much may not be directly tied to the base business (e.g., a cafe where patients can digest bad news - not a medical service provider or medical support provider, but ancillary nonetheless.
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31 August 2024 | 36 replies
Sorry to hear about your frustrating experience and having your money all tied up.
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26 August 2024 | 2 replies
These are pros and cons:Pros:- Access to Better Markets:Investing out of state allows you to choose markets with stronger economies, population growth, and higher rental yields.- Diversification:Spreading your investments across different states reduces risk and helps protect your portfolio from local economic downturns.- Affordability:Some out-of-state markets may offer lower property prices, allowing you to get more for your investment.- Higher Cash Flow Potential:Certain markets might provide better rental income, leading to increased cash flow.Cons:- Limited Local Knowledge:Understanding the nuances of a new market is challenging without on-the-ground experience.- Property Management:Managing properties remotely often requires hiring a property manager, adding to your costs.- Increased Travel and Communication:Regular visits and long-distance coordination can increase both time and expense.- Legal and Tax Complications:Navigating different state laws and tax regulations can be complex and confusing.Out-of-state investing can be a great way to grow your real estate portfolio, but weighing the benefits against the potential challenges is essential.
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27 August 2024 | 8 replies
Knowing what goal you have in mind allows you to choose the right strategy to get you there.I own a vertically integrated real estate company that ties in the Core 4 to make OOS investing simple and lucrative.
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27 August 2024 | 15 replies
So, you could be stuck with that money tied up for the length of the wrap.If the Subject To teacher you learned that from told you this was a good idea, go get your money back.
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27 August 2024 | 8 replies
It’s by sections not necessarily tied to the city or zip code.
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26 August 2024 | 0 replies
While buying with cash provided some advantages, it tied up a significant amount of capital that could have been used elsewhere.
30 August 2024 | 30 replies
And do not tie you to a single domestic location for your vacations.