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Recently, Sevier County TN commissioners voted to require a "permit" for all short-term rentals in the county, "to ensure that all short-term rental units in Sevier County meet minimum safety standards." Of course, t...
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I am interested in doing STRs in NYC (I live here) because I see how much tourism is here year round. I see people all over my neighborhood (in Queens) with luggage and there are many listings even though there are a...
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Hi everyone,
I just recently purchased a duplex in Highland Park, and will be owner-occupying one of the units. I learned that out back, the previous owner had some sort of unit that was torn down in the last year or...
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I'm in the DC area, where multi-family units/duplexes/etc are basically non-existent, or command insane prices.
If you were going to consider building instead, here are some questions:1. Would it be silly to consider...
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Good morning everyone!Let me thank you in advance for taking the time to help us newbies!Question: to calculate depreciation, what price do you use? the county tax assessment, the sale price, or the appraisal price?2n...
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We are just starting down the RE path and have a ton of questions. Before I can find the answer I have thought of 3 other questions I need answers to. Just trying to avoid any massive mistakes that would sour this buy...
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Hey y’all. We are scheduled to close on our first duplex in about a month and it’ll be a complete rehab using my heloc funds (tried to get a rehab loan but no joy since I’m not yet with a local bank. Yes, I’m working ...
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Hello all, I hope everyone is realizing their investment goals. We have reached out to a Hard Money Lender for financing a duplex we plan to BRRRR and hold. Repairs are estimated to be $62K. The HML is requiring a "bu...
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How do you know if you'll be legally allowed to convert a detached garage into living space or create any other type of square footage increase: attached garage conversion, basement or attic conversion, ADU, etc. Do w...
Those carbon monoxide/smoke detectors seem to be more prone to problems than a plain smoke detector. I had one way high in the loft that kept chirping even when the battery was replaced. Does anyone know when a c...