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10 April 2024 | 22 replies
• Short term rental of one's own primary residence only• Not able to rent a room or primary residence for more than 120 days a year, or apply for extended home-sharing• Extended home-sharing would be granted if additional criteria are met (see above)• Possession of a Transient Occupancy (Tax) Registration Certificate from Office of Finance• Not located in a unit subject to the Rent Stabilization Ordinance (RSO)• Approval from landlord (if a tenant)• Home-Sharing takes place in area approved for residential useHere is the document - https://planning.lacity.org/or...I would give them a call and see what they say.
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9 April 2024 | 21 replies
How are you financing your properties?
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9 April 2024 | 6 replies
Smaller systems are hard to find third party financing for.
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9 April 2024 | 2 replies
Hard money could just be another line added before financing them out
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9 April 2024 | 9 replies
They will also be able to work with you to help you get better credit or optimize finance to afford more.
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9 April 2024 | 11 replies
There are a lot of micro-skills to learn, from finding great deals to forecasting cash flow to financing to hiring and managing contractors to permits to inspections to managing tenants and property managers.
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10 April 2024 | 37 replies
@Jay HinrichsYup and people will buy them at tax sale then sell them seller financed for $5k after paying $100 to some sucker who wants to own vacant unbuildable land in middle of no where for $100/month
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9 April 2024 | 14 replies
One of the biggest pros of house hacking duplexes and fourplexes is the access to favorable financing options.
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9 April 2024 | 9 replies
These accounts offer tax advantages and can be a powerful tool for long-term wealth building.Focus on Education and Networking: Continue to educate yourself about real estate investing and personal finance.