Just buy it......
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Here is a different approach that might actually hit him where it hurts.
A lot of homeowners buy a house under the premise that it will be there homestead. The lender will have covenants in the loan that states that they cannot turn said home into a rental property. Some loans will have a penalty and some lenders will deem this a default.
Find a title company and ask them to pull a title policy to figure out who the lender is. Alert said lender.
You can also look up the property on the appraisal districts website to see if he has it homesteaded. If so, he will be liable for back taxes to the date that he moved out.
Good Luck
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Originally posted by jaker_cc View PostDifferent thread, the op didn’t get answers that he liked so he berated the site and threatened to leave about 6 times. Ended up being an internet fish that a guide caught. We never found out how big it really was lol
-john
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Originally posted by glen View PostLever here is the argument- The crappy neighbor did his research and buys in places that do not restrict him from having AB&B. He purchases this property then after the fact he is restricted.
I believe in landowner rights.
You're probably right, this guy did his research and found a house without restrictions. Then he used a loophole or whatever you want to call it in the AB& B regulations that allows the house to be classified as a residence when it is in fact being used as a hotel. He knew it was going to be a problem for the rest of the neighborhood when he did it. With that in mind I have no problem restricting him after he purchased. He knew there would be issues now he has them.
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I may buy a few houses and when I’m not at one gonna rent in when in the other. Claim them as a residence and when I sell not pay capital gains. We will do our research and find a property without regulations against short term rentals. I will have a service like Air BnB, VRBO, etc deal with the bookings and pay them a portion of proceeds from renters. If the neighbors don’t like it I will gladly offer to sell to them for the profit we are happy with
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Originally posted by Dale Moser View PostWith rights, come responsibilities. We all have the right to be *******s, that doesn’t (always) make it the right thing to do.
Sent from my iPhone using Tapatalk
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Originally posted by glen View PostI may buy a few houses and when I’m not at one gonna rent in when in the other. Claim them as a residence and when I sell not pay capital gains. We will do our research and find a property without regulations against short term rentals. I will have a service like Air BnB, VRBO, etc deal with the bookings and pay them a portion of proceeds from renters. If the neighbors don’t like it I will gladly offer to sell to them for the profit we are happy with
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Lever- it’s real estate investing. Air BnB and VRBO are very popular and I stay in them often. I guess you don’t travel. It is very popular. I will buy in places where it is legal. I will employ a service to handle booking- repair- cleaning. I will buy in areas I think real estate is in upward trend and stay there enough to claim as a 2nd residence and sell without having to pay capital gains.
Heck I’m staying in one now lakefront on Lake LBJ until March.
If the neighbors have some type of heartburn I’ll offer to sell to them. How is that in any way doing anything wrong to them
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I'm sorry but I have to side with the dueche bag Floridian. He did his research and purchased/owns property that is legal with regards to short term rentals. If he is then restricted through newly implemented rules what kinda of downhill snowball does that set forward and frankly if successful why stop there? Imagine how perfect the neighborhood could be if you could also restrict Mrs. Jenkins a couple houses over and Mr.Williams the next street over from doing things they are doing as well.
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Originally posted by glen View PostLever- it’s real estate investing. Air BnB and VRBO are very popular and I stay in them often. I guess you don’t travel. It is very popular. I will buy in places where it is legal. I will employ a service to handle booking- repair- cleaning. I will buy in areas I think real estate is in upward trend and stay there enough to claim as a 2nd residence and sell without having to pay capital gains.
Heck I’m staying in one now lakefront on Lake LBJ until March.
If the neighbors have some type of heartburn I’ll offer to sell to them. How is that in any way doing anything wrong to them
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Originally posted by Man View PostI'm sorry but I have to side with the dueche bag Floridian. He did his research and purchased/owns property that is legal with regards to short term rentals. If he is then restricted through newly implemented rules what kinda of downhill snowball does that set forward and frankly if successful why stop there? Imagine how perfect the neighborhood could be if you could also restrict Mrs. Jenkins a couple houses over and Mr.Williams the next street over from doing things they are doing as well.
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