To raise the last half needed to close on a $6.5 million multifamily condo, Commersh is now offering Realtors a unique incentive to bring in co-investors: a 2 percent cut of any investment money that one of their investor clients puts into the project…. Continue reading
Only certain kinds of buyers are interested in specialty properties — like luxury and waterfront homes, condominiums and over-55 housing — so a one-size-fits-all marketing approach will not produce optimal results. Bill Gassett of RE/MAX Executive Real… Continue reading
When you think of a second home, most people’s minds immediately go to a beachside retreat or a cabin nestled on the side of the mountain. But outside of vacation homes, many second homes serve solely as investment properties, and with urban sectors ex… Continue reading
Two upcoming buildings from Airbnb and NGD Homesharing in Austin and Miami will have hotel licenses, giving unit owners the freedom to rent them out as much as they want. Continue reading
Recent years have been a boon for landlords and a recession doesn’t appear imminent, though the multifamily housing market does face some challenges. Continue reading
The new fee kicked in on Monday and applies the state’s 5.7 percent occupancy tax, which was previously imposed on hotels, to short-term rentals that are facilitated by websites such as Airbnb, Vrbo, Vacasa and others. Continue reading
Imagine this: You’ve just arrived in some exotic new city for vacation. You’re ready to sight-see or relax, and all you want to do is drop your things off at your Airbnb. But when you try to get in to your rental, you can’t. Maybe the… Continue reading
Real estate investors need to think beyond the traditional cities — as home prices rise, people are turning toward smaller cities with strong job markets. Continue reading
First, property owners who want to rent out space on Airbnb, Vrbo or similar sites have to register their units with the city and pay a fee, which they can do online here. The most basic type of home-sharing registration will allow hosts to rent out th… Continue reading
Forty percent of residents thought their home values would decrease if their neighbors turned to short-term renting, according to Porch. Continue reading