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13 June 2024 | 6 replies
You either have personal knowledge or boots on the ground so you won't be throwing a dart at a place you know nothing about outside of a spreadsheet.
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13 June 2024 | 2 replies
They are expensive $200 each but they do not break down and you can track who uses codes so a family could each have their own code per person.
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11 June 2024 | 116 replies
Curious when we say "the hood" What class of neighborhoods are we referring to?
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12 June 2024 | 3 replies
I believe setting the precedent upfront solves what could be serious issues before they even apply by giving them a rundown on some of the big key aspects of what the process looks like a head of time.Big indicators are verification of identity and verifying the references for documents when needed.
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14 June 2024 | 17 replies
Once you have those personal experiences from managing your own property, you will be able to identify and vet these property management companies when they're trying to make excuses of whatever the reason is as it stops you from achieving your objective.
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11 June 2024 | 12 replies
Here is the specific language from Assembly Bill No. 68:a local agency, special district, or water corporation shall not require the applicant to install a new or separate utility connection directly between the accessory dwelling unit and the utility or impose a related connection fee or capacity charge, unless the accessory dwelling unit was constructed with a new single-family home.If the Planning Department is telling you that you need separate utilities and you're adding an ADU to a lot with an existing SFR, refer them to the above language from AB 68.
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13 June 2024 | 0 replies
When that person said that, we realized how much power we had to negotiate terms that helped us reach our goals.You can't just take what's being offered when you negotiate.
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13 June 2024 | 2 replies
Just like you would do with any non-family contractor working for you:- get them to complete Form W9 for you, as you will need their SSNs- have them provide receipts for materials/supplies and keep those receipts- have a written labor agreement (how much and for what) - pay for materials separately from labor- make all payments electronically rather than cash so you can trace them- pay out of your business account, not personal- issue them 1099s next year if you paid them $600 or more for labor (for the whole year, not per job): https://www.biggerpockets.com/forums/51/topics/1167632-expla...
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13 June 2024 | 1 reply
I am currently reviewing the numbers associated with a wraparound mortgage and I need some assistance in determining if they make sense.Can anyone please direct me to the appropriate person who would be able to help me analyze and verify these figures?
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14 June 2024 | 12 replies
A very good local agent would be the starting point of the conversation for me personally.