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18 December 2024 | 3 replies
Does the cost cover all portions or are there "upsales" where more "services" are provided?
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24 December 2024 | 9 replies
Home was nice 4 Bed 3Bth under $550K with a decent size lot/yard and it only required 5% down as a New primary.Now I am not sure how big of a home you need but as you can see $100K covers much more in a scenario like that one above.
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20 December 2024 | 13 replies
So to measure the risk, if you're in R-7 & R-8 it is entirely up to the local councilmember who covers the area as to whether or not they would be willing to introduce the legislation.
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20 December 2024 | 18 replies
I once rented a 5bed/3bath in two days, just a week before Christmas when the ground was covered with snow and ice.Sitting vacant in the winter increases the risk of frozen pipes or other expensive problems.
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18 December 2024 | 2 replies
Can anyone recommend a company that offers a builders risk policy to cover the construction period but then will also allow a cancellation and refund after work is finished to convert into a standard landlord policy.
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10 December 2024 | 8 replies
I would agree with Chris, I would not use debt to cover all costs and then hope to get a good pop on the sale to cover all the debt, payments and still have some in the end to make a profit to do it again.
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22 December 2024 | 7 replies
I have a GC friend in PA trying to request 196k, as a “gap” to supplement whatever the HML cannot cover. 20% ROI, 6 months.
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6 January 2025 | 31 replies
We were always juggling who was on the phone.We had at most 2 employees on our payroll at one time, so if one called out sick there was a very good chance we needed to go in and cover.
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22 January 2025 | 203 replies
That's called a straw man argument.My only question is if property taxes are going to go up for the people of Pacific Palisades to cover the damage the People caused to the city.
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20 December 2024 | 27 replies
You can only play games for so long.Chances are your next door neighbor is an IRS agent and turns you in when your tenants blocks their drive or some other random event disturbing your IRS neighbor.ADU catches fire and your insurance won't cover you, because it was an illegal and unpermitted structure.The city inspector told the last guy not to build or rent it, and is now pissed and wants to make an example of you and just red tags the whole property and no one can occupy for the next 1-2-3 years while you wait for a hearing.Then when you get the hearing, "staff" recommends you tear the whole structure down, and if you still want an ADU, you can apply for a permit and rebuild it.Your tenant quits paying rent and won't move out and you can't evict them, because there is no valid lease and they're just your "roommate".Probably a dozen other bad things can happen to you when you do stuff like this.