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4 November 2024 | 4 replies
This is particularly beneficial in popular tourist areas where demand for short-term lodging is high.Flexibility: Owners can choose when to rent their property, allowing them to use it personally during off-peak times.Support for Local Tourism: STRs provide a unique lodging option for tourists, helping to boost the local economy by attracting visitors who may prefer a home-like stay over traditional hotels.Diversification for Investors: STRs provide real estate investors with an additional income stream, especially if they own properties in tourist-heavy areas.Cons:Strict Regulations and Higher Fees: San Antonio recently updated its STR regulations.
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8 November 2024 | 31 replies
The need is much much much greater and demand will continue to outpace supply.
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8 November 2024 | 4 replies
How do you handle contractor schedules and supply chain slowdowns?
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16 November 2024 | 12 replies
Also, keep in mind that some areas of the country that have lower-cost properties have a limited supply of property managers.
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11 November 2024 | 12 replies
But all of these investments operate under highly regulated and constrained exemptions to securities law, and I have been told it is very difficult to do the above legally.
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11 November 2024 | 65 replies
So he may consider this most of the basic functions of PM without actually being a PM (and thus not subject to regulation).
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14 November 2024 | 12 replies
Because honestly, at one point, I considered his offer and was afraid of the possibility that if I didn't accept I'd be taken to court and be responsible for putting my children on the street, and I can see those types of scare tactics and resulting emotions being enough to scare someone into complying with a transaction no matter how laden it is with misrepresentation, non disclosure and fraud it could be.Again, I don't know if I misunderstood the laws and regulations or not, I could be wrong.
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11 November 2024 | 8 replies
Without it, there's no guaranteed legal status, which could lead to being forced to leave the U.S. and potentially manage property from abroad—a complex and often costly endeavor.Real Estate Ownership and Rentals as a Non-Resident: If you do decide to purchase property and then move abroad, you can keep it as an investment, but it requires navigating tax regulations specific to non-resident foreign property owners.
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5 November 2024 | 6 replies
Louis]Single-family home building permits serve as a leading indicator of future housing supply trends.
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4 November 2024 | 1 reply
Historical data shows housing prices have averaged 4.84% growth during election years since 1987, but the specific policies of each candidate could significantly influence future market dynamics.Vice President Harris will likely focus on supply-side solutions, representing a continuation of Biden administration policies, emphasizes affordable housing expansion through several key initiatives:1.