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4 November 2024 | 33 replies
For the rare residential deal we entertain, we require either MAI or SRA designation.
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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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29 October 2024 | 0 replies
A cost segregation study was performed on this residential condo in Herndon, VA purchased in 2017 with a depreciable cost basis of $151,518.
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6 November 2024 | 5 replies
In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.
27 October 2024 | 3 replies
Im a newby investor no deals yet but im interested in Residential assisted living homes.
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6 November 2024 | 26 replies
That fund has distributed 6% since inception (quarterly) and invests primarily in commercial (not residential) RE.
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3 November 2024 | 2 replies
It's still relevant, but not tremendously useful for residential properties like this which are valued by comparable sales.
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30 October 2024 | 3 replies
My brokerage, Candor Realty hosts monthly meet-ups FOR FREE!
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2 November 2024 | 8 replies
Or you have to look for commercial or DSCR mortgages.This may mean that people on one side of the wall at your local bank (in the residential lending) might have no clue that they have a product on the other side of the wall (in the commercial lending side).
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5 November 2024 | 28 replies
I’m also happy to make an introduction to the chicago realtor I use for my investments there, Ali Bakir, I almost have $10K in free cashflow on my triplex there now.PatTurning investment visions into reality in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC