
9 July 2024 | 8 replies
Just calculate based on how well you think the rental will do and choose the manager you think will best look after your property, even if they do charge a little more.

10 July 2024 | 4 replies
This should have come up in your fact finding when choosing to add the JADU (as well as their poor valuations)Note if the unit is only 2 units and you are abiding by the owner occupied rules of a JADU, AB1482 (statewide rent control) does not apply.

8 July 2024 | 27 replies
If you purchase the property using your own name with a conventional loan mortgage, then transfer it to a LLC, it may trigger the due-on-sale clause, taking the risk that the lender will ask you to pay the loan balance back immediately.We can only choose one of it, not both of it.

10 July 2024 | 3 replies
If they move out, you can choose to cancel the eviction hearing and just take the property back.

10 July 2024 | 8 replies
Tools like BatchLeads and PropStream are great for direct-to-seller strategies, but keep in mind that they come with marketing costs depending on the method you choose, such as direct mail, cold calling, or texting and have to have good nurture campaigns.

11 July 2024 | 24 replies
If you are against this bill, let your local state representatives know.Bills like SB584 are why there are multiple posts questioning why one would choose CA.I will add a local reason.

10 July 2024 | 6 replies
That’s the first thing you need to clarify, in order to choose comps.

8 July 2024 | 20 replies
But, excel is totally fine in the beginning.We use QuickBooks Online exclusively for all of our REI Clients.

10 July 2024 | 18 replies
If you're offering amenities and similar quality/or better then you should be able to receive many candidates to choose from.

8 July 2024 | 22 replies
Fannie Mae's guidelines verbatim are as follows:Must be occupied by the borrower for some portion of the yearMust be suitable for year round occupancyBorrower must have exclusive control over the propertyMust not be rental property or a timeshare arrangement (this has the following disclaimer in the guidelines: If the lender identifies rental income from the property, the loan is eligible for delivery as a second home as long as the income is not used for qualifying purposes, and all other requirements for second homes are met (including the occupancy requirement above).Cannot be subject to any agreements that give a management firm control over the OCCUPANCY of the propertyThis means that as long as you intend to occupy the property some portion of the year, you could absolutely rent it while you are not using it.