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30 July 2024 | 23 replies
The most glaring example: "taxable income" is very different from actual profit as measured byย cash received.2.
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26 July 2024 | 1 reply
I believeย Airbnb has pretty good security measures in place to keep hosts and guests safe, but you can look into that more
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26 July 2024 | 1 reply
These updates aim to serve Sevier County residents better and improve overall efficiency.๐๐๐ฐ ๐๐ฉ๐๐ซ๐๐ญ๐ข๐ง๐ ๐๐ฎ๐ข๐๐๐ฅ๐ข๐ง๐๐ฌโข Sevier County Residents Only: Proof of residency may be required upon entering a convenience center.โข No Commercial Waste: Commercial garbage and refuse must be disposed of directly at the Sevier Solid Waste, Inc. facility.โข 5-Bag Limit: Each resident is limited to disposing of five (5) normal-sized garbage bags per day.โข Bulk Waste Limit: Residential bulk waste, construction/demolition, and green waste disposal are limited to a 5' x 8' truck bed load or small trailer per day.๐๐๐ง๐ญ๐๐ซ ๐๐ข๐๐ฐ ๐๐จ๐๐ ๐๐ฎ๐ฅ๐ญ๐ข๐ฉ๐ฎ๐ซ๐ฉ๐จ๐ฌ๐ ๐๐จ๐ง๐ฏ๐๐ง๐ข๐๐ง๐๐ ๐๐๐ง๐ญ๐๐ซ ๐ญ๐จ ๐ซ๐๐จ๐ฉ๐๐ง ๐จ๐ง ๐/๐๐This newly renovated multipurpose convenience center will serve as the first multipurpose site to serve both Sevier County residents and short-term rental unit cleaning companies.
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26 July 2024 | 0 replies
This shift in priorities not only influences real estate markets but also encourages communities to adopt more sustainable practices and resilience measures to attract and retain residents.
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27 July 2024 | 19 replies
Evaluate historical and current vacancy rates, aiming for decreasing trends.Demographics: For younger populations, focus on proximity to parks and schools.
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26 July 2024 | 9 replies
I'd imagine this falls into the "normal wear and tear" category but I just don't know how you measure or prove it and how much tangible evidence I need to have ready showing that I've warned them repeatedly.ย ย
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27 July 2024 | 108 replies
Aim to cash in 80% LTV on each property every year, and in 15 years you will have the first one free and clear again and can do it all over.
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25 July 2024 | 2 replies
Iโm planning to organize an upcoming event and need to build a temporary structure that measures 20ft x 40ft, with a height of either 20 or 30ft.
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25 July 2024 | 4 replies
I haven't set specific targets beyond this initial goal, but I may aim to increase my passive income to $5,000 or $10,000 per month in the future.Current PropertiesI currently have two properties:The Loft:This property is rented out long-term and generates around $300 per month in passive income after HOA and management fees.The loft has approximately $100,000 in equity.The House:This is a brand-new build (2024) that I'm currently occupying through house hacking.I invested $70,000 in the property, which means I have $70,000 in equity.My plan is to convert this property into an Airbnb or long-term rental within the next two years.Short-term rental comps suggest I can earn around $3,500-$4,000 per month, while long-term rental comps indicate I can earn around $3,000-$3,300 per month.Seeking AdviceGiven my upcoming financial situation, I'm seeking advice on the best course of action.