Hi everyone, if you're an STR owner in Vermont or looking to buy one in Vermont, I wanted to share that the state's Ways and Means Committee is considering imposing a new 10% tax that would be on top of the tourist room and board tax that already exists.

If it is it is only owner occupied and never in a LLC. 

I am assuming you are owner occupying property since its a house hack correct?

Explore seller financing, find for sale by owner houses, etc Thank You!

@Amirra Besh If you call any agent, they will typically charge 1 month of rent to find a tenant.Just like in a sales transaction, where the buyer's agent and listing agent split the commission, an agent will offer another agent that brings a tenant 50% of the one-month of rent as commission.Many owners are trying to put pressure on PMCs to lower this fee because they think the monthly management fee should cover at least part, if not all, of this.Here's were penny-pinching owners screw themselves: PMC's will charge lower than the one-month of rent, but they offset it and do NOT tell the owner the negative repercussions!

You can also always try direct marketing campaigns or paying for leads (absentee owners, probate, etc) and marketing to those homeowners, as well.

Hey - I used to work for a RE Investor/Owner/Operator shop.

And that new investor is going to be able to rent his/her rental at rates way lower than the previous owner could afford to do. 

As low-income owners with a keen entrepreneurial spirit, we balance W2 jobs with side hustles, such as selling custom t-shirts or baked goods.

Im in the middle of buying a no owner occupied triplex and my lender locked  in about last week..