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23 January 2025 | 5 replies
Here the explanation and benefits:A Bank Trust or Fideicomiso allows foreigners to acquire property within the restricted zone, which includes areas within 50 kilometers of the coastline or 100 kilometers of the borders.
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31 January 2025 | 3 replies
The solution could be a creative financing solution such as a total or partial private note, an assumption of the note or LLC, a speciality or local lender,聽or any聽combination thereof.聽
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6 February 2025 | 42 replies
@Matt Powers there are endless possibilities and combinations of how you could approach this opportunity.
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21 February 2025 | 9 replies
I've been managing 70+ midterm rentals for over 3 years and we have never housed a traveling nurse - in our area, their stipends (or what they are willing to pay) are much lower than we can get in rents with other prospective guests/tenants.Utilities are included at all of our properties and that is common practice here.聽
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20 February 2025 | 1 reply
How SB-423 Accelerates Coastal Development: // Faster Permitting 路For projects with 150 units or fewer: - Eligibility Review deadline: 60 days from submittal - Approval deadline, including Design Review: 90 days from submittal 路 For projects with more than 150 units: - Eligibility Review deadline: 90 days from submittal - Approval deadline, including Design Review: 180 days from submittal 路 No public hearings or environmental impact reports for qualifying projects聽// Smarter Development Rules 路 Excludes high-risk areas, like those prone to sea-level rise 路 Ensures projects meet affordability and public investment requirements // More Housing, Less Uncertainty 路 Projects stay approved if at least 50% of units are affordable and include public investment beyond tax credits 路 Opens up new opportunities in previously restricted areas 路 Clearer guidelines help developers plan with confidence
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7 February 2025 | 40 replies
I don鈥檛 know if the cause was fraud, incompetence, or a combination, but it is really sad.I was able to work directly with my borrower and my loan is still performing (amortized it rather than keeping the balloon).聽
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18 February 2025 | 8 replies
I recently worked on an amendment to some condo plans we did 15+ years ago and I聽had to re-calculate how we got to what was in the plans and the values changed over two or three iterations as the attorney represented what to include and exclude.聽
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22 February 2025 | 11 replies
I had to redo a bathroom last year聽in a 2/1 in an occupied聽duplex I own and I spent $6,004 in labor and materials (10% off at HD/Lowes as a veteran,聽just didn鈥檛 do flooring and left the old vanity, doesn鈥檛 include the damage the leak did in the lower unit).聽
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22 February 2025 | 5 replies
Like any tool, you have to know how to use it correctly or you could get, "injured".We use it to quickly sift through multiple options - and that's about it.BP has a Rental Calculator that includeds everything you are asking about: mortgage P&I, property taqxes, home insurance and percentage for maintenance & vacancy.It also includes Cap-Ex percentage, but in our experience it's a waste of time to worry about this.
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21 February 2025 | 5 replies
Most MTRs in my market are including wifi, water, electric, etc.