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27 January 2025 | 11 replies
In general in single family zoned areas, JADU typically subtract value (I suspect largely due to the OO requirement).
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18 January 2025 | 6 replies
I'd be surprised if the complex doesn't have individually metered units so you may be able to eliminate the utility expenses unless those are for common areas like walk ways, parking lot or laundry.
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16 January 2025 | 26 replies
So I said all of that to say... lol, Yes, I think you can absolutely find a PM that would help answer some questions, and I hope you find some kind individuals. :-) All the best!
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19 January 2025 | 3 replies
There is no seasoning requirement involved since the property isn't a short sale and it isn't someone buying REO from a bank with a seasoning requirement.
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21 January 2025 | 11 replies
.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.
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22 January 2025 | 12 replies
In your opion #2, would that require you to rent a home in Seattle?
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20 January 2025 | 9 replies
I especially liked Matt's process of creating my business plan as it forced me to really think about it, get it right and make it easily understood by my clients.His process for the offering also made me think about transparency and other ethical issues that are required by law to be disclosed in the offering.
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17 January 2025 | 40 replies
It's important to understand the zoning/code requirements and obtain all necessary permitting if you intend on operating your real estate as STR anywhere in the country.
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22 January 2025 | 5 replies
Selling below FMV treats the difference as a gift, requiring a gift tax return (if exceeding $19,000 in 2025).
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23 January 2025 | 9 replies
It sucks but that's what is required when you own property.