10 things to know before buying a short term vacation rental in Park City Utah
Nicole Bowdle Park City Real Estate
Apr 24, 2023
Are you thinking about buying an airbnb, vrbo, luxury short term rental , vacation home or second home with nightly rental opportunity in Park City Utah , Deer Valley, Canyons Village, Jordanelle Utah , Mayflower Utah or Heber Valley Utah Areas? In this video I will give you 10 in depth things to consider before making your decision! From property taxes, to the best locations to invest in, fees to know about, to winter weather seasonality, I’ll cover everything you need to know before investing in a short term rental in Park City Utah or the surrounding areas.
The second 33 second video:
Interest rate pause could put financial pressure on landlords
CP24
Apr 24, 2023 #shorts
Some housing experts are warning that landlords could face financial pressure following the Bank of Canada’s decision to hold interest rates steady.
First Republic Bank’s deposits fell by $72-billion in the first quarter, overshadowing market-beating profit and sending its shares down 15% in extended trading on Monday.
The lender also said it expects to reduce its workforce by nearly 20-25 per cent in the second quarter.
First Republic came into intense focus after Silicon Valley Bank (SVB) and Signature Bank collapsed last month, shaking the confidence in U.S. regional banks and prompting customers to move billions of dollars to bigger institutions.
“With the closure of several banks in March, we experienced unprecedented deposit outflows,” said Neal Holland, Chief Financial Officer.
Deposits fell to $104.47-billion from $176.43-billion in the fourth quarter despite the lender getting a $30-billion lifeline in combined deposits from U.S. banking behemoths, including Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co and Wells Fargo & Co.
In the fall of 2016, the owners and operators of Emerald Family Farms, LLC, offered a tour of their operation near Berry Summit to demonstrate just how well prepared they were to succeed in California’s regulated commercial cannabis marketplace.
As we reported at the time, they’d organized an agricultural co-operative with nearly 100 growers, enlisted in the county’s brand new “track and trace” pilot program, signed a distribution deal and hired public accountants, trademark attorneys and marketing experts.
“Humboldt County is the Napa of cannabis,” co-owner and CEO Patrick Murphy told a reporter with PBS NewsHour later that year. “It is by far and away the largest production zone of high-quality cannabis in the world.”
Five and a half years later, with the Emerald Triangle’s legal cannabis market decimated under the weight of rampant over-production statewide, Emerald Family Farms has failed.
On Wednesday morning, the company’s assets — along with those of two related entities, Humboldt Health Care, LLC, and Emerald Family, LLC — are set to be auctioned off in Courtroom Four of the Humboldt County Courthouse.
From the first 15:29 video:
10 things to know before buying a short term vacation rental in Park City Utah
Nicole Bowdle Park City Real Estate
Apr 24, 2023
Are you thinking about buying an airbnb, vrbo, luxury short term rental , vacation home or second home with nightly rental opportunity in Park City Utah , Deer Valley, Canyons Village, Jordanelle Utah , Mayflower Utah or Heber Valley Utah Areas? In this video I will give you 10 in depth things to consider before making your decision! From property taxes, to the best locations to invest in, fees to know about, to winter weather seasonality, I’ll cover everything you need to know before investing in a short term rental in Park City Utah or the surrounding areas.
The second 33 second video:
Interest rate pause could put financial pressure on landlords
CP24
Apr 24, 2023 #shorts
Some housing experts are warning that landlords could face financial pressure following the Bank of Canada’s decision to hold interest rates steady.
First Republic Bank’s deposits fell by $72-billion in the first quarter, overshadowing market-beating profit and sending its shares down 15% in extended trading on Monday.
The lender also said it expects to reduce its workforce by nearly 20-25 per cent in the second quarter.
First Republic came into intense focus after Silicon Valley Bank (SVB) and Signature Bank collapsed last month, shaking the confidence in U.S. regional banks and prompting customers to move billions of dollars to bigger institutions.
“With the closure of several banks in March, we experienced unprecedented deposit outflows,” said Neal Holland, Chief Financial Officer.
Deposits fell to $104.47-billion from $176.43-billion in the fourth quarter despite the lender getting a $30-billion lifeline in combined deposits from U.S. banking behemoths, including Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co and Wells Fargo & Co.
https://www.theglobeandmail.com/business/international-business/article-first-republic-bank-deposits-fall-by-72-billion-announces-layoffs/
In the fall of 2016, the owners and operators of Emerald Family Farms, LLC, offered a tour of their operation near Berry Summit to demonstrate just how well prepared they were to succeed in California’s regulated commercial cannabis marketplace.
As we reported at the time, they’d organized an agricultural co-operative with nearly 100 growers, enlisted in the county’s brand new “track and trace” pilot program, signed a distribution deal and hired public accountants, trademark attorneys and marketing experts.
“Humboldt County is the Napa of cannabis,” co-owner and CEO Patrick Murphy told a reporter with PBS NewsHour later that year. “It is by far and away the largest production zone of high-quality cannabis in the world.”
Five and a half years later, with the Emerald Triangle’s legal cannabis market decimated under the weight of rampant over-production statewide, Emerald Family Farms has failed.
On Wednesday morning, the company’s assets — along with those of two related entities, Humboldt Health Care, LLC, and Emerald Family, LLC — are set to be auctioned off in Courtroom Four of the Humboldt County Courthouse.
https://lostcoastoutpost.com/2023/apr/24/once-poster-boys-future-legal-weed-humboldt-emeral/
Another money printing machine that has ground to a halt.