I just finished their taxes with their CPA and I can say from first hand knowledge that real estate is the most effective way for immigrants to obtain the American dream.My parents immigrated to California in their 20's from Asia with no money, and could not speak English.

The amount of time you have to give them changes if they've been there for a year or more, so it should depend on when you give them the notice, not when it takes effect.

These costly improvements are pushing rents up.While effective rents (factoring in concessions) may be declining, asking rents remain high as landlords aim to maintain their property value.

It’s also not as cost effective to just upgrade one unit when it’s vacant because then you lose economies of scale and in the instance of materials things may not be available over an extended period of time and you may end up with mismatched windows or something.

@Dawn Johnson I am also a Virginia landlord, not a lawyer, no legal advice, but my understanding is unless your lease clearly states your lease renews annually or you have tenant sign an addendum showing new term ends x date, then she likely believed it converted to monthly.

The outcome will depend on the CCRs, local laws, and the willingness of the HOA to fight it.The reality is that for $500 a year, it's probably not worth you having a lawyer look into it unless you can get other landlords together on it.

Effectively turning a duplex into a triplex.Does anyone know if there is any issue with doing this?

This effectively intercepts a negative review before it happens, allowing you to identify if something can truly be done to bridge the experience gap.Some guests just want to feel extra special or important, and the best you can do is smooth things over and move on to the next.

Fannie Mae and Freddie Mac offer mortgage relief to homeowners impacted by natural disasters, including those with second homes in areas like North Carolina and Florida. If your second home is located in a federally d...

I also wouldn't be opposed to using a 203k loan to finance and renovate a multifamily to house hack and rent out (I know it's a lot more work and harder to achieve but I think the potential could definitely make it worth while, especially with the up coming changes going into effect soon).