All Forum Posts by: Ethan Farr
Ethan Farr has started 2 posts and replied 5 times.
Quote from @Andrew Steffens:
Who would enforce the covenants, the city or county? Whoever would be the enforcement is who I would go to see.
Thank you both. The lot is “zoned” as residential, but like mentioned there is no zoning board or committee for Barry county, MO. I figured I would be fine. But I will check every avenue possible. Thank you for the information and recommendations.
I'm currently in the process of building a house for the purpose of STR in the Shell Knob area. I am in Barry County, so there's no planning and zoning. On top of that, there is no HOA. There are however recorded covenants against commercial property. It's been discussed around here that an STR may or may not be a commercial property…it's a bit of a grey area when it comes to STR's it seems. In my specific situation, the original developer is no longer in the area, and with no HOA or planning and zoning…..what if anything could be enforced against my plans for short term rental? Thanks for any help.
Thank you guys for your input! I have inboxed a couple people. Looking forward to connecting!
I have an opportunity to purchase a lakefront lot on Table Rock Lake near Branson, which is difficult to find to begin with, but this is also a lot that is has no short term rental restrictions. The lot is over an acre, and my plan would be to build a small vacation rental. I would love to hear any advice on the best way to go about financing this whole process. Considering I would need to finance a portion of the lot purchase and then finance the build, would the best approach be to take a heloc on my primary (which has more than 100K equity) and use a portion for the downpayment of each loan? Sorry if this question comes off as ignorant, I'm just starting out and any help would be greatly appreciated!