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12 November 2024 | 8 replies
You are losing money every month, and you will lose significantly more when they finally move out or you try to sell.The correct answer is to stop trying to fix them.
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12 November 2024 | 2 replies
Maybe a brand new carpet did lose 90% of its value.
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15 November 2024 | 9 replies
Go to local real estate meetups and meet others who keep losing and you won't feel so alone.
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15 November 2024 | 12 replies
It's possible what you have done on your own isn't even to code or done correctly so you could be losing value if you haven't been careful.It's great that you took action.
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11 November 2024 | 0 replies
With government backed rentals, we are assured not to have our payments disrupted by shutdowns, offsetting any loses during that time.
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14 November 2024 | 9 replies
In most cases, new agents lose money for the first few years (considering the amount of time/work it takes and the payoff).
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17 November 2024 | 32 replies
As a management company, you avoid liability if you follow fair housing...not against being sued but against losing.
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10 November 2024 | 5 replies
Banks are less willing to budge on pre payment penalties knowing rates will likely ease and don’t want to lose loans recently originated to better terms.
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14 November 2024 | 40 replies
And these gurus have nothing to lose other than being suspended or "cancelled" if enough people catch on.
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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