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All Forum Posts by: Jemini Leckie

Jemini Leckie has started 2 posts and replied 3 times.

Post: Out of State Cash Flow

Jemini LeckiePosted
  • Posts 3
  • Votes 0

Hello,


I live in a mountain west state, not California. Cash flow is hard to come by and I have considered looking elsewhere in more affordable states. I could come up with a down payment for an investment property in a different state easier than my home state at prices are pretty high in the 300-400 k just for townhomes. Would this be a feasible plan? How would you suggest going about finding a deal and managing it out of state. Traveling to other states isn’t an issue for me.

Hello, I am trying to understand the Orem, city code to determine if I am allowed to rent my basement ADU that I currently live in two a couple cousins and their friend. I understand that they would all be considered unrelated even though two of them are cousins. I don't understand if I count since I'm living in the property or if it's only the tenants that count towards the limit of individuals that are unrelated living together. Any help clarifying this?