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5 June 2024 | 3 replies
You will discover more viable opportunities by being a good listener within earshot of the legal,professionals who encounter these issues rather than a guy who wants to get something.
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4 June 2024 | 9 replies
An LLC is useful for two things: anonymity and legal protection.
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6 June 2024 | 8 replies
Is there any company’s that you can suggest that you have had good experiences with and trust or maybe another strategy of managing a long distance STR.
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6 June 2024 | 4 replies
I feel like if it is done correctly (and trees aren't denting it) its a set and forget it. 50 year life expectancy on metal and asphalt shingles will be 1/3 of that. 30 yr only last 25 and 15 if you maintain the shingles. 100% Metal and the insurance company should cover all of that.
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6 June 2024 | 6 replies
I've been working for a company that is in the process of doing this.
5 June 2024 | 5 replies
@Austin JamesUnderstand the area, the current tenant base,the median income, is it in a flood zone, the age of the asset, the condition of the plumbing, the electrical wiring, the fuseboxes, the age of the roofs, the age of the mechanicals, the condition of the foundation, the drainage of the property, does the property have a C of O, is there ny environmental concerns such as oil tanks being buried, the current property management company, what are the amenities.These are just a few things to look out for.
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4 June 2024 | 13 replies
I'm planning to purchase the SFR with a conventional mortgage, but my mortgage broker and underwriter are telling me this will create a lot of issues both legally and with the bank once I demolish the property and try to subdivide; since the mortgage is for the full property.
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5 June 2024 | 4 replies
There is a very big difference from a legal perspective.
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5 June 2024 | 7 replies
I am not a STR specialist in southern Maine, but I can connect you with a management company that is and would be able to give a more exact guess.