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3 January 2025 | 1 reply
You're best bet is to call a few brokers local to the area and see what they can come up with.It's definitely going to be a surplus or excess carrier that will do it and the premiums will be high.
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6 January 2025 | 5 replies
Rent control in the bay area can be extreme as many areas have rent control in excess of the state mandated rent controlIn general experience RE investors are not choosing to add a single ADU in single family zoned areas.
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3 January 2025 | 8 replies
Tenant moved in the first week of December and there's been an excess of communication from the owners for somewhat minor issues or concerns.- Tenant submitted a work order for low water pressure in 2 bathrooms- Tenant submitted a work order because the garage door doesn't close all the way and left a 2-3 inch gap at the bottom- Owner initially refused to address either work order- Owner demanding the tenants place furniture pads on each piece of furniture- Owner calling multiple times to speak through the work orders, asking when they've been scheduled, calling a couple days later requesting the invoices- Owner calling because they want to access their storage in the basement so they can remove several pieces of furniture being stored- Owner now emailing requesting multiple property inspections throughout the lease cycle- Owner questioning my experience and relative PM knowledge because I'm not following up with her in a timely manner (the following day after the work order)Keep in mind, this is 2 weeks after the tenants had moved in and the tenants are very happy in the home.This is something we see on a regular basis.
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19 January 2025 | 354 replies
Interesting to hear that they are claiming that a lender sold all of their loans and kept the excess funds.
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9 February 2025 | 173 replies
If it was ripped like the one in the pic, no wonder why it didn't taste tender enough - too much muscle and not enough fat.
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1 January 2025 | 12 replies
If those things did not occur, some regs may have been violated by licensees.Regarding marketable title, unless the "liens" were in excess of $255,000 IMO there would not be an argument that the seller could not deliver marketable title.
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15 January 2025 | 10 replies
Rent control measures, burdensome employment regulations, and excessive administrative requirements exemplify this.
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11 January 2025 | 420 replies
All it's doing is applying excess cashflows in your budget to principal payment.
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3 January 2025 | 7 replies
The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.
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2 January 2025 | 10 replies
Without evidence, it's hard to say.First, you should educate all of your tenants to report excessive noise to the police.