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9 October 2024 | 3 replies
Its not common knowledge but Inglewood has its own rent control ordinance with a lower barrier that substantial remodel.
10 October 2024 | 0 replies
However, higher-than-expected costs, contractor expenses, pest control, inflation, or unexpected work can make it untenable to maintain the rental property.What can you do if maintenance is becoming a financial burden?
8 October 2024 | 4 replies
My question is, whats the HVAC system to use that provides separate utilities, and separate control per unit.
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9 October 2024 | 2 replies
As a GC I can advise try to retain control of your finishing material orders (anything where you need to make a choice ((tile, flooring, lites, faucets, tubs)) vs. construction materials (2x4s, mortar, shingles)) because we get those discounts on the finishing items and we keep them!
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9 October 2024 | 8 replies
You'd need a JV partner and they would probably want to take control of that project.
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9 October 2024 | 23 replies
The lone exception is rent control type regulations and/or affordable housing requirements.
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8 October 2024 | 0 replies
These areas might provide higher returns due to lower initial property costs combined with tax savings.Rent Control Laws: Be mindful of local rent control or tenant protection laws, which could limit your ability to adjust rental rates or manage your property effectively.7.
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9 October 2024 | 2 replies
If you’re taking over their payments but not transferring ownership yet, they may still have control of the policy.
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15 October 2024 | 40 replies
The part they typically miss, however, is the "control everything, own nothing" aspect.The purpose of a business entity structure is to protect you and your personal property (estate) from the liabilities of your real estate investing business.
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8 October 2024 | 11 replies
Also, you do not control it inside a syndication, it's decided by your syndicator.And there're several other complications we're not discussing here.