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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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3 November 2024 | 5 replies
Instead of actively seeking out buyers, focus on what I do here: establish credibility, showcase your knowledge and competence, and lock in high-quality deals where the numbers make sense.In this space, transparency and honesty are key.
3 November 2024 | 0 replies
These improvements not only enhanced the property's appeal but also attracted higher-quality tenants.
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5 November 2024 | 11 replies
Additionally, moisture in the basement with possible fungi growth could mean mold, which can affect air quality and require professional remediation.
3 November 2024 | 0 replies
These improvements not only enhanced the property's appeal but also attracted higher-quality tenants.
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5 November 2024 | 17 replies
Quote from @Kevin Epp: Lower rents here (WA south sound) In think lower most places to get quality tenants
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9 November 2024 | 23 replies
My quality of life is far better than it was living in a 1 br rental in Windsor Terrace, where crappy and old 2-family properties sold for well over 1mm.
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2 November 2024 | 12 replies
Quality homes in B or better areas, with guaranteed long-term tenants in place.
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5 November 2024 | 28 replies
This is particularly useful if you find a lower-cost property that needs some updates to attract high-quality tenants.Reverse Exchanges and Parking Arrangements: If you spot a great investment opportunity before selling your current property, consider using a reverse exchange.
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4 November 2024 | 1 reply
This influx is largely driven by young professionals and families attracted to the city's burgeoning tech scene and quality of life.