Make sure to check zoning laws and permit requirements in your area, and maybe connect with local contractors through referrals to get multiple quotes.

Short-term rentals would be a solution, but due to strict short-term rental laws in rent-controlled areas of Los Angeles, options like Airbnb are typically not feasible.At present, I have a $5 million property in Encino with two units that we cannot rent out short-term due to rent control regulations, and the numbers don’t work for a long-term rental either.

I've been thinking about this one a lot as a realtor having to have these convos with my clients, and wanted to break it down with some simple numbers.You may have heard about the new law changes in the real estate industry about commissions and compensation.Some home sellers might be asking, “why would I want to pay a buyer’s agent??”

Check if there are any restrictions on short-term rentals, in case you plan to list on platforms like Airbnb.Landlord-Tenant Laws: Familiarize yourself with landlord-tenant laws in your state regarding leases, tenant rights, and eviction processes.

Each state has different laws that need to be researched especially if you are planning to wholesale there.

Because I'm in California and evictions are a nightmare and all laws are anti-landlord, no way do I rent to this person.

I have my eye on a cute little two bedroom to rehab for my mother in law.

I would say in more practical manner, they are more knowledgeable than us the investor what needs to be purchased.

I'm reviewing my rental property insurance after having gone through issues with the first ever claim on my current policy, which we're finding out has poor claims service and lacks ordinance or law coverage.

Hone Microsoft Excel skills by creating 12 tab pro-formas to practice 1% rule underwriting on $100K single family homes. 4.