Jennifer Wilson
How Will Fannie/Freddie Resort Condo Guidelines Impact Market?
7 December 2020 | 1 reply
From the rough outline that I have been provided, it appears that a condo complex will be ineligible if any of the following apply:- Is transient in nature, offering hotel type services (including those offered by the HOA or management company) such as registration services, rentals on a daily or short-term basis, daily cleaning, central key systems, etc.- Is professionally managed by a hotel or resort management company that also facilitates short term rentals for unit owners- Has obtained a hotel or resort rating for its hotel, motel, or resort operations through hotel rating providers including, but not limited to, travel agencies, hotel booking websites, and internet search engines.- Projects or HOAs that are licensed, or have a designated licensed agent, have a permit to operate, or are registered, as a type of transient housing for the rental of non-HOA owned units.- The HOA receives revenue from, or pays expenses for, hotel type services including a registration desk/rental registration desk, or an onsite rental operator's desk, or a rental website/hosting platformI would imagine, just like in Destin, FL, that there are plenty of cities across the country where there are front desks and management companies running a large majority of the STRs in their complex.
Jennifer Wilson
How Will Fannie/Freddie Resort Condo Guidelines Impact Market?
7 December 2020 | 0 replies
From the rough outline that I have been provided, it appears that a condo complex will be ineligible if any of the following apply:- Is transient in nature, offering hotel type services (including those offered by the HOA or management company) such as registration services, rentals on a daily or short-term basis, daily cleaning, central key systems, etc.- Is professionally managed by a hotel or resort management company that also facilitates short term rentals for unit owners- Has obtained a hotel or resort rating for its hotel, motel, or resort operations through hotel rating providers including, but not limited to, travel agencies, hotel booking websites, and internet search engines.- Projects or HOAs that are licensed, or have a designated licensed agent, have a permit to operate, or are registered, as a type of transient housing for the rental of non-HOA owned units.- The HOA receives revenue from, or pays expenses for, hotel type services including a registration desk/rental registration desk, or an onsite rental operator's desk, or a rental website/hosting platformI would imagine, just like in Destin, FL, that there are plenty of cities across the country where there are front desks and management companies running a large majority of the STRs in their complex.
Bryan S.
Allow guests with zero reviews?
11 December 2020 | 22 replies
Originally posted by @John Underwood: I have NEVER had any increased cleaning fees from a pet. interesting, would have thought with all the hair there would be more.
Cesar Ramirez-Fajardo
Townhomes as a Househack
9 December 2020 | 11 replies
We also do not have a yard due to the nature of townhome living.
Thomas Mosely
BRRRR course question
16 December 2020 | 46 replies
Do a lot of that for the next couple of months; analyze 2-3 deals a night until it becomes second nature to you.
Ana Kudlack
When to buy your first?
10 December 2020 | 22 replies
I am passionate about getting out of the rat race, freedom, and nature.
Arshad Hussain
Dialysis Centre NNN lease
11 January 2021 | 3 replies
So there are always risks....just the nature of the game.
Pedro Rodrigues
Price of building a 4-plex vs 4 log cabins
13 September 2021 | 8 replies
Short term profit is about 40-50% more and I usually have guests visiting natural areas around or to do with the students in some capacity.
Todd Rasmussen
Hypothetical Backfeeding Electrical Project Question
9 December 2020 | 4 replies
I chose portable because I could use it at rental properties if needed and it cost way less than installing a natural gas powered stationary generator (that is the ideal setup).Prior to having the panel bypass, we just ran extension cords to the fridge.
Alyssa Bieling
How to Rent Your Property in a Competitive Market
9 December 2020 | 1 reply
Do they utilize consistent, natural lighting?