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17 January 2025 | 7 replies
And if it were set up where everything went through a title company so the buyer pays the title company, they manage the buyer's loan (from me), and the title company ensures my mortgage is paid without my direct involvement... what parts of the transaction would feel risky or not worth the headache to you?
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1 February 2025 | 17 replies
I have a bit of experience with co-living investors, having been involved in several co-living investments for five years.
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15 January 2025 | 12 replies
Why they are making you bring 20,000 to closing still isn’t answered for me, that’s odd?
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10 January 2025 | 2 replies
Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.
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16 January 2025 | 78 replies
This level of infrastructure typically exists only in cities with metro populations over 1M.SummaryThe odds of living in a city that meets all the requirements for financial freedom are low.
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20 January 2025 | 6 replies
Which level program were you involved in?
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20 January 2025 | 7 replies
With your additional $100,000, you’d have a nice cushion to renovate or furnish a property like that.It really comes down to how involved you want to be and your long-term goals.
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7 February 2025 | 25 replies
It's wise to verify the credentials of anyone involved in a significant financial transaction, especially if they are requesting proprietary financials.
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9 January 2025 | 0 replies
Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.
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15 January 2025 | 7 replies
I do have several S8 rentals, while they are generally performing well, there is more paperwork involved in the leasing and the strict inspections can be quite a pain.