Alex Clark
20 yr old debating house hacking or buying property out of state?
29 February 2024 | 28 replies
A lot of kids my age want to move out of their parents houses and I'm wondering if house hacking is the move and having buddy's pay rent and move in.
Jonn Vidal
Newsom reduces deposits on Furnished apartments of first, last & security to just 1mo
29 February 2024 | 4 replies
In many states, the last month's rent is or at least was an addendum to "security deposit" so much so that most renters no matter the state will tend to still ask to apply their remaining amount on deposit (last month deposit, NOT security deposit portion) to their 'last month' - yet CA landlords are now well as of since July 2023 going forward, prohibited from applying ANY deposit to the unpaid last month, thus Newsom is giving all tenants who don't care about their credit a FREE LAST MONTH EVERY TIME THEY MOVE OUT if they make the case that their security deposit cannot lawfully be applied to the last month of rent in arrears?!.
Alberto Cioni
Change of rent when we build an ADU to replace a small rented garage storage
1 March 2024 | 13 replies
Thanks Colleen for your inputYes the storage is on the lease.The other tenant, just moved in, and we told her about the ADU and we gave her a rebate of $ 300 during the six months of the ADU construction, because she facing the ADU construction and she will be impacted.
Tom Server
Purchasing a triplex , but not moving in til contract is up in one unit loan type
27 February 2024 | 3 replies
The best solution in your situation would be to get a non-owner occupied loan with no pre-payment penalties to buy the building then cashout refi in September when you move.
Andrea Lauritzen
Branching into out of state investing
1 March 2024 | 39 replies
Volkswagen Scout Brand investing $11M in Detroit, 200 new jobshttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/Hotel Added to Hudson Site, total over $1.4Bhttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/Detroit west side Dexter Neighborhood Receives $21.5Mhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/Norway’s Nel Hydron investing $400M, 517 new jobshttps://businessfacilities.com/nel-hydrogen-will-build-400m-gigafactory-in-southeast-michigan#:~:text=In%20Southeast%20Michigan-,Nel%20Hydrogen%20Will%20Build%20%24400M%20Gigafactory%20In%20Southeast%20Michigan,green%20hydrogen%20using%20electrolyzer%20technology.Chase invests $200M in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investmentGilbert Foundation invests $439M in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-instituteBollinger Motors investing $44M, 237 new jobshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/32735392BorgWarner Investing $20.6M, 186 new jobshttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs3 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/District Detroit $1.5B Development, 12,000 temp jobs, 6,000 new jobshttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/$2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached
Nicole Lockwood
short term rental investing step by step
1 March 2024 | 19 replies
If a property does not meet the criteria in a buy box, the investor knows to move on to another project.The buy box is used as a filter to focus on properties that a real estate investor is truly interested in.
Taha Tekreeti
curious about SoCal investors are they finding any cashflowing long-term properties?
1 March 2024 | 10 replies
I moved from Florida to start investing in Columbus.
Charles Adams
LLC vs Personal Ownership?
1 March 2024 | 31 replies
The landlord wanted to get the tenant out (who lived in the ADU/in-law unit) so a family member could move in.
Saqib Raja
Should I withdrawal my 401K to expand real estate portfolio
1 March 2024 | 40 replies
Quit your job move it to a self directed ira and invest it.
Alexandria Garreau
Interest rate increased on rental - I have a few options
1 March 2024 | 26 replies
If you are at market rates already, the tenants will simply refuse to pay or will move at the end of their lease.