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6 December 2019 | 7 replies
We're looking for our first deal - aiming to house hack/BRRRR a larger SFH or duplex - and were planning to Airbnb our current residence.With Portland's crackdown on licensing short term rentals and Airbnb's very recent cooperation with the city on actually enforcing those rules (de-listing those who are unpermitted/not in compliance), it appears that we will have to go LTR instead of STR with our current house.That makes for a much dicier situation in terms of attaining positive cashflow on the rental.So my question is... best resources or advice for how to absolutely max out the upper ceiling of what we can get for this house as a LTR.
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4 December 2019 | 23 replies
Mixing your personal investments with your IRA investments leads to compliance complexities and is discouraged.
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28 November 2019 | 3 replies
You may have SEC-compliance considerations depending on how you're offering the investment.By the law of large numbers, if you go to enough investors, you'll find enough dry powder to fill your deal.
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29 November 2019 | 50 replies
Unless otherwise provided by law, proof of violations shall not require criminal conviction, but shall be by the preponderance of the evidence.Tenant_________________Tenant:_________________Landlord:_______________Additional RequirementsThe following requirements are set-forth to ensure uniform appearance of the property and to ensure full compliance with local codes and expectations of the neighborhood.Landscaping must be maintained: Shrubs, trees, flowerbeds, mulch beds, must be maintained.
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27 November 2019 | 4 replies
Of course the deal could go as planned and all this becomes mute.I’m sure deals are concluded every day in which compliance with Federal statutes is either unclear, or in non compliance, and many if not most turn out fine for all parties involved.
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27 November 2019 | 1 reply
It does offer you some assurance if the market does crash.
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27 November 2019 | 4 replies
"I don't need the commission from your home purchase to pay my bills so rest assured that I will always be acting in your best interest every step of the way.
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5 December 2019 | 21 replies
Let me assure you, that is NOT the reason for me wanting to make a low offer.
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22 December 2019 | 6 replies
Hi Jason - I own 3 properties on North Padre that I rent out and I can assure you the island will never pass any regulations that don't allow STRs.
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30 November 2019 | 3 replies
Just haven't fully jumped to really committing to doing it -- partly things are comfortable and running well, partly hesitance because I don't want to jeopardize what I have built thus far with a bigger venture I'm not as sure or knowledgeable about.