Jay Kaufman, Chair of the Joint Committee on Revenue, and then Rachel Lake, Operations and Constituent Services Director for Senator Julian Cyr, who represents the Cape and Islands.As we mentioned in previous communications on the topic of the Lodging Tax, the momentum is growing among Cape and Islands Chambers of Commerce and state legislators across the state to impose the 11.7% Lodging Tax to all short-term rentals, with 5.7% going to the state and up to 6% to the towns.Our opinion piece that was published in the Cape Cod Times on April 5, outlines our reasons for opposing this tax.Despite our concerted efforts for nearly ten years, it is becoming increasingly clear that legislators are intent on imposing this tax and will likely succeed.Homeowners can certainly continue to lobby against this tax, but a more realistic approach at this point might be to attempt to mitigate the negative effects it would have on the Cape and Islands.

NEW YORK REAL ESTATE INVESTOR MEETUP (LONG ISLAND, NEW YORK )LOCATION: 50 Jericho Quadrangle, Suite 210 | Jericho, NY 11753All investors small or big, new or seasoned should join our group and attend our free event on May 20th at 11 am.

But I'm having a tough time deciding where to invest...My husband and I have been interested in Whidbey Island for a vacation rental investment, but I am also open to the BRRRR model locally, since we have more in-depth knowledge of the real estate in our area (Tacoma, WA).

And that only makes the sale voidable they have to bring a legal action to establish that.. ( ask me how I know that pearl LOL)So there you go two for one a little side bar on Mello Roos and how tax sales work in CA.lastly it is quite rare for a improved property to go to sale in CA.. 99% is land and odds and ends at that.. non buildable strips land that does not perc  etc etc.

Normally, $750.00 a month for most of the homes they were looking at.They would say to me, "Well if I removed that tree, and tore out the carpeting and put all hardwood floors inside the house, and built a nice deck in the backyard, and put in a marble island in the kitchen and different cupboards, how much rent could I get then?"

It's all about having a consistent screening process. 

I'd rather have 10 properties throwing out a consistent quality $1k/mth, than 40 properties giving me a precarious $250/mth. 

I have looked a properties in multiple areas and a price ranges and have yet to find consistent 1 mile sale comps.  

To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.

I have a call with him this afternoon to understand what this portfolio consists of and what the numbers are going to look like.