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8 January 2025 | 5 replies
If the structure on the property is determined to have no value, be careful when you consider paying the “value of the land”.The value of raw land is different than the value of land with an existing structure, even if the structure has no value.
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16 January 2025 | 40 replies
This entire conversation in my opinion comes into play for a group or entity that may have 50-100 STR's where the branding will matter more but to be honest from what we have seen when they get that large they usually have lack luster service and subpar reviews- in the end someone that is 1031'ing mostly cares about that cash flow at that level and that's why and mostly only why they care about buying a brand. 1-15 units and a brand is nice but in my opinion wont break a deal- we are trying to do it but in the end its more for our guests to have a simple streamlined way to book with us.
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15 January 2025 | 15 replies
This way I do not care whether guests stay 1 night or 30 from cleaning standpoint.3.
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11 January 2025 | 20 replies
There isn't a 10 year old that cares about that...and parents would be happy that they are happy.
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7 January 2025 | 5 replies
Renting to section 8 you really have to be careful.
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8 January 2025 | 5 replies
Squatters can now be locked out of a property and their possessions removed, but a landlord CANNOT physically remove the squatters themselves.The local police are supposed to enforce these laws and assist landlords in removing squatters.The reality is that when you call the Detroit Police to remove squatters:1) The police often don’t know/care about squatter laws and state you must take the squatters to court to evict them.
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12 January 2025 | 8 replies
Especially if you have a local handyman you can trust to take care of the property.
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7 January 2025 | 0 replies
I have learned once again, No one cares about your properties like you do.
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17 January 2025 | 40 replies
The sentiment was that STRs are a critical part of Buncombe County so they don't want to cut them off.