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27 December 2024 | 8 replies
If this is your primary residence and you have an extra bedroom (or can make an extra bedroom), AirBnb can be very lucrative.
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30 December 2024 | 20 replies
I think I'm just not understanding what sort of realtor would be willing to help do something like this because I assume most realtors are used to finding you a move-in ready primary home and that's really what they know, and that the price needs to be a certain level to get a worthwhile commission.
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12 January 2025 | 54 replies
Firstly, they are significantly more affordable than traditional houses, often reducing the financial burden of homeownership.
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26 December 2024 | 3 replies
For investors, this presents a niche market to target families seeking multi-generational living arrangements.Things to Keep in Mind:SB 9 projects must comply with local ordinances, which may include design and setback requirements.Properties in historic districts or areas prone to environmental hazards may have restrictions.Lot splits under SB 9 require that the owner occupy one of the parcels as their primary residence for at least three years.ConclusionSB 9 represents a significant shift in California’s approach to zoning and housing.
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23 December 2024 | 1 reply
The property was my primary residence for a decade and now functions as rental unit so I am happy with the purchase overall and it has worked out well.
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5 January 2025 | 24 replies
Did your primary become rent controlled and if not what exempted it from rent control?
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17 December 2024 | 9 replies
Part of what you are describing is traditional seller finance.
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26 December 2024 | 15 replies
Hi Paola,If you are looking to buy another primary, looking to put the property into a LLC, may be changes in your income/job, looking for faster/smoother closing, DSCR could make more sense.
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4 January 2025 | 26 replies
Investors may like the income on the spreadsheet, but the appraiser for a traditional loan won't care.
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21 December 2024 | 12 replies
I would be amazed, shocked even, if a traditional financial institution was willing to lend on a non-habitable asset up to 80%.