Ben Stavrowsky
Developing two units as STR's
16 January 2025 | 2 replies
Does it require a highway occupancy permit if its on a state road, in my area it cost me around $1000 just to get the permitting and design for my driveway entrance.
Leah Miller
SB9 Urban Lot Split Los Angeles
25 January 2025 | 7 replies
In general in single family zoned areas, JADU typically subtract value (I suspect largely due to the OO requirement).
Allison Littman
"Church" Purchase Creative Financing
11 January 2025 | 7 replies
This requires an independent appraisal valuing the property at $400k and proper documentation from the seller confirming the $200k donation.Ensure the church is a qualified 501(c)(3) entity, and consult your tax professional to comply with IRS rules.
Jaša Rot
Arbitrage in private lending
19 December 2024 | 13 replies
So basically the idea is to become private lender (or trust deed investor).
Brittney Yang
How To Structure A Partnership For Duplex Investment
24 January 2025 | 4 replies
You could form an LLC and have the operating agreement that allows your boss to require you to purchase his membership interest (or allow you to purchase his) in a given time frame.
Joel Oh
One platform strategy
2 January 2025 | 30 replies
if the OTA has issue with you and bans you (there are some crazy horror stories that alone would deter me from listing on a single OTA), you are basically starting over.
Aaron Robertson
How AB 2622 Is Transforming Property Management in California
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.
Andreas Mueller
Insurance is on Fire
25 January 2025 | 0 replies
Terrible, APCIA.A terrible-er fact: For example, in the aftermath of Hurricane Ian, insurance companies underpaid 80% and blew past the 90-day requirement to pay homeowners.
Mort McGuire
Mortgage Note Investing
24 December 2024 | 13 replies
There are a few others here on bigger pockets who have endeavored to do so and can attest to this (but I will not name them).Basically AHP bought 1000s of low value non-performing loans, these require the most oversight mainly due to the condition of the properties.
Salil Surendran
Converting from homeowner to landlord insurance policy
30 December 2024 | 11 replies
If you have a mortgage the lender will require you to have insurance that protects the asset that secures the loan3.