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Home Buying & Real Estate Thread
- Thread in 'General' Thread starter Started by TYE_The Time Traveler,
- Start date
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You can pull it off in Miami Beach. They have very strict zones, so it’s not easy. That video does exaggerate a bit.
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Yeah from what I’ve read Airbnb arbitrage itself is perfectly fine to do as long as Airbnb is allowed in that city or zone which should go without saying, and that the lease allows. Which should also go without saying. Besides that I don’t see anything about it that’s “illegal”
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Most major cities do not allow it
If the permanent residents are handing their entire space to an Airbnb renter for less than 30 days, it's not in NYC.
Also if the space is being rent controlled - it is illegal
Another facet - in certain states you need a license PER home
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Have friends who leased a property out to someone who is using it as AirBnb. Seems to be legal where we live in Florida and they are happy because they are receiving more than market rate for the house.
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Have some cash burning a hole in my pocket so I went to look at a beach house on Friday. About 45 minutes away - close enough to get to easily but far enough where you feel like you’re out of town. House is listed as 4/2 at $750k. Get there and walk around, but there’s no 4th bedroom. My realtor reaches out to listing agent to see if it was mistake, he says ”no, the dining room could be turned into 4th bedroom if you closed off walls and added closet.” 
We liked the house but thought it was overpriced (especially with no 4th bedroom). My realtor tells listing agent how we liked it but felt it was over priced and would only be interested at $100k less. He calls us back next day and says he has another family interested and could we do $720k. At this point, house has only been on market for two days. Don’t know why he would want to drop price so quick. My guess is that if he is calling us trying to get us to put in offer, there really is no interest at that price. Going to err on the side of not trusting the guy, especially after the 4th bedroom move.
We liked the house but thought it was overpriced (especially with no 4th bedroom). My realtor tells listing agent how we liked it but felt it was over priced and would only be interested at $100k less. He calls us back next day and says he has another family interested and could we do $720k. At this point, house has only been on market for two days. Don’t know why he would want to drop price so quick. My guess is that if he is calling us trying to get us to put in offer, there really is no interest at that price. Going to err on the side of not trusting the guy, especially after the 4th bedroom move.
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Florida l o l
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Waiting to see the 1st Landlord that slides in the lease that you must give up 50% of the Airbnb arbitrage income.
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Remodeled my pool area with pebbletec and new pavers
Catch me out here at night blowing trees and letting the stresses of the day fade away
Before- with an ugly *** shark lol. Can’t see but a lot of break down in the stamped concrete.
Catch me out here at night blowing trees and letting the stresses of the day fade away
Before- with an ugly *** shark lol. Can’t see but a lot of break down in the stamped concrete.
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Tampa206to813 congrats man where is this?
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Nice brother!
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I love the Florida houses. Ramblers with fatty lanais.
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Thanks unc
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I'm sayin, 20-30 years ago those enclosed pools looked soooo luxurious to me. living in the desolate suburbs of Buffalo NY I figured most ppl in Florida just had outdoor pools.
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yeah it's nice, my grandparents have this big *** door that is basically the whole wall that slides open too so your whole living room can be open on the 36 days a year it's nice enough to not have the ac on.
plus you can have a nice outdoor kitchen.
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Why do all pools in florida have a enclosure around? Alligators?
Im From cali
Im From cali
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I was in Florida for am extended period of time last year...Why do all pools in florida have a enclosure around? Alligators?
Im From cali
Could be gators... Those mofos be out there. Lol
But my guess would still be mosquitos. They were rampant ever evening. Annoying AF.!
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Yeah i don’t get it. ^ interested to know also.
Unrelated. Is the market slowing down? Can i possibly buy a place now that these rates are up.
Looking to spend 800-1M in Orange County.
Unrelated. Is the market slowing down? Can i possibly buy a place now that these rates are up.
Looking to spend 800-1M in Orange County.
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I wouldn’t think so - my boy in OC (Yorba Linda) bought a property he heard was going on the market for 1M - told the owner he would pay 100k over without an inspection and to keep it off the market.
Best of luck man - I don’t envy looking right now!
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OC just hit 1 million median price point.
Y’all can keep that racist *** county.
Y’all can keep that racist *** county.
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I believe they went blue for the third national election in a row - but agree there are some TERRIBLE pockets
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I hit it with a broad stroke but yes, those pockets…never want to go back there.
