All Forum Posts by: Richard Dale-Mesaros

@Kiersten Vogt - what did that cost, a couple of grand??

Town and state DES may have records on when the system was last replaced. Inspection is only $300 so not a huge deal. Outgoing cast iron pipe is more of a concern than newer white PVC pipe. Even if on town sewer you might still want to have the line to the street inspected!

* Please do double-check with the town of North Conway on their zoning ordinances pertaining to short term rentals where your property is situated, I believe they have been putting some restrictions in place, or discussing doing so!

I love Real Estate Disruptors by Steve Trang, it's all on wholesaling but he's interviewing some super-successful folks and you'll find so many of them have their businesses very well organized and systemized, which is good to take on board with your own stuff. You'll learn a lot about lead generation, too! :)

Woah just saw Forrest's note - glad you got yer docs! Good luck on selling if you choose to go that route, plenty of help in BP whatever you need! :)

@Forrest Greene @Ann Bellamy - waiting patiently for a message from Forrest!  :)

When considering what entity to use, it makes sense to look at it from four perspectives:

1) Entity/legal protection against lawsuits?

2) How does an insurance co view it?

3) How does it impact your ability to get funding?

4) What are the tax implications?

In other words, run the decision by your attorney, insurance co, lenders and accountant!

.......so did the deed transfer from the prior owner to you because it wouldn't be valid if not recorded at the registry.....?!

Easy task for a title co to pull the deed or any other docs that are recorded at the registry, happy to have my title guys do it or you could try going on the registry's site to download stuff yourself (a small fee per doc), could even go there in person, they're very helpful! Don't hesitate to reach out if you need input either from a Realtor or an investor's perspective!

I must add Cliff H has gone at the STR biz with a particularly pragmatic approach, is very organized and had taken plenty of action on what he has learned from educating himself and listening to other investors. Like any business you need to treat it as such, have the appropriate systems in place and blow your customer's socks off!

Thanks Lien...... Adam feel free to connect on BP, funnily enough, the town of Lincoln met last week to discuss putting new ordinances in place to better control STR's and Thornton have a meeting this Thursday to do the same, which I hope to attend. It's Important to consider plans B and/or C to set in motion, should things change that impede your ability to run an STR model.......