I also heard the life insurance company will give you advance notice and a time frame to fix the MEC before it goes into effect, Have you encountered this testing of the MEC limits from varying companies out there? 

This is a problem I encounter all the time when myself or my investors are looking at a small multifamily; the current investor refuses or is lax in raising rents to avoid being the bad guy!

Search the BP for ADU appraisals to encounter numerous examples.

Just wondering if anyone of you encountered this & may have any tips to properly set this up with a lawyer when we add our names as co-owners. 50/50, 60/40 in decision making? 

Search the BP for ADU appraisals to encounter numerous examples.

I contract out a large part of my business, and it seems a bit illogical to not contract this out...I guess I was just sticker shocked with the last year cost when compared to previous years of half that. 

Currently, I'm proud to manage a real estate portfolio worth over $6.3 million, boasting approximately $2.3 million in equity.My journey hasn't been without its hurdles—I've encountered costly mistakes and faced losses, but my determination to succeed and focus on the end goal persisted.

As a property manager, it's not uncommon to encounter situations where a tenant begins to incur additional expenses rapidly.

You get better terms on a primary residence -- lower interest rate, lower down payment requirements -- because if you encounter financial strain, you're most likely to pay the mortgage on the roof over your head.

Repairs became more costly than anticipated, subsequently my credit card balance grew.Are there any opportunities available for someone that has encountered this situation?