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4 August 2022 | 4 replies
While owner-occupied buildings with 6 or fewer units are exempt from the RLTO, they are not exempt from the Fair Notice Ordinance.
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16 August 2022 | 7 replies
Here are four key reasons why investors purchase rental property out of state:Invest in geographic areas with population and job growth is strong.Diversify a rental property portfolio with markets that best match your investment strategy.Focus on the type of returns you’re looking for, such as maximum cash flow, high appreciation, or total yield over the targeted holding period.Operating expenses are lower in markets with fewer regulations, lower property taxes, and landlord-friendly laws.Finally, as mentioned earlier, it's crucial to build a great network of professionals to help you and to occasionally visit your property yourself.All the best!
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8 August 2022 | 5 replies
Quote from @Matt Robinson: Assumptions are dangerous, my friend.You should contact the PM with a list of what needs to be transferred: security deposit, prepaid funds, application, lease agreement, spare keys or codes, etc.
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11 August 2022 | 10 replies
My PM said there would be no problem renting the 4th and only vacant unit.No kidding, within a week of closing, the PM complained to me that this was a very dangerous location.
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18 August 2022 | 2 replies
Since more and more people have sub 4% interest rates there will be fewer units on the market, which will actually drive the price of existing homes up.
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15 September 2022 | 1 reply
The second is that pause was felt by banks and have had significantly fewer deals being cut which have allowed mortgage rates for investment properties to calm down a bit.
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11 August 2022 | 0 replies
Plus, those without W2 income will struggle to make the math work which means fewer buyers as well.
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18 August 2022 | 41 replies
This says dirt, noise, and danger to parents.Where exactly is the home?
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15 August 2022 | 6 replies
A short-term rental of fewer than 7 days (like an Airbnb or VRBO) is considered a business like a hotel and must be depreciated over 39 years instead of 27.5 like a residential rental is depreciated.
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14 September 2022 | 10 replies
Many will look, few will apply, even fewer will qualify.