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6 November 2024 | 12 replies
They also care will care how you market the property, how you run your property management business in regards to how it may impact a community that they are still selling in.
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30 October 2024 | 0 replies
Here’s why I believe the real impact won’t fall on flippers, but rather on wholesalers, sellers of distressed properties, and buyers.1.
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6 November 2024 | 8 replies
Why would you expect a price reduction when there is no impact to value from having a lease or not?
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4 November 2024 | 1 reply
Does anyone know of an income relief program in North Carolina for property owners that have short term rentals that are not renting due to hurricane impact to an area?
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7 November 2024 | 22 replies
And this helps make admin tasks more palatable.I have also started working with a virtual assistant to body-double me.
10 November 2024 | 19 replies
There are many factors beyond what AirDNA tracks that can significantly impact profitability, and that's what I’ve tried to account for in my own decisions.From my experience, Cancun is indeed more expensive in terms of operational costs.
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6 November 2024 | 22 replies
Vermont has two shoulder seasons that will impact your returns.
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4 November 2024 | 11 replies
The pet fee is there to take into account that there is another 'body', if you will, that is living in the property, and is thus causing more wear and tear on it.
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4 November 2024 | 4 replies
Excessive complaints or three violations in three years could lead to losing the ability to operate.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o
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4 November 2024 | 1 reply
That said, it's certainly impacting my project in numerous ways and I will have legal expenses.