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5 September 2018 | 2 replies
Santa BarbaraUnder the proposal, evictions of 15 or more units would result in the landlord having to pay tenants four times the median advertised rental rate or $5,000, whichever is greater, and increase the notification requirements to 90-days in cases where more than 10 tenants are displaced.No monetary relocation assistant would be provided for eviction with 14 units or fewer.
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5 September 2018 | 5 replies
We found a serious mice infestation in one of the apartments and are considering notifying the tenant (written) on our findings, order the pest control service and have it billed to the tenant but was wondering if anyone has done this differently with results.
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7 September 2018 | 7 replies
Hard work, integrity, and results will take you a long way.5.
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11 September 2018 | 42 replies
I'm not happy about the results on this deal that I've been slaving over since June but it wasn't a complete fail story so I'll share what I did here.
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12 September 2018 | 14 replies
Always use a warranty deed to avoid any issues with the tittle insurance when transferring tittle.Also, Ive recently learned Fannie Mae allows transfer of tittle to an LLC without accelerating the note...Fannie updated their servicing guide to state:Unless the previous borrower requests a release of liability, the servicer must process the following exempt transactions without reviewing or approving the terms of the transfer:· A transfer of the property to a limited liability company (LLC), provided that § the mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).
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12 September 2018 | 36 replies
And what does your portfolio look like in 10 years, and in 30+ years, as a result?
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6 September 2018 | 6 replies
In that situation the tile matched the counter really well and my new tenants really liked having a place they could set hot pans next to the stove.
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22 May 2019 | 20 replies
If you do not want to be very active, then yes it is too little because you will need to either invest 1.) money or 2.) time to see real results.
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27 May 2019 | 16 replies
I'd use a Schluter strip which is only $10 for an 8ft piece, but I've also used colored caulk to match the grout and just tape it off so it looks nice.Aluminum Schulter Strip at Lowes
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21 May 2019 | 0 replies
The marketing and initial conversation says one thing, then your end loan result feels vastly dissimilar.