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11 November 2024 | 16 replies
I have gotten 90% financing for more than 1 first timer because of their credit and the quality of the project.You need to be very liquid using credit unions for the purchases of shell houses cause the rehab will be on you.
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5 November 2024 | 22 replies
@Marc Shin we use both granite/quartz and laminate in rentals depending on the size and rental quality.
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7 November 2024 | 45 replies
On top of that, the tenants are lower-quality, so it takes more work to maintain communication, enforce the lease, etc.In my experience, the additional work and eventual losses erase any benefits of Section 8.
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7 November 2024 | 6 replies
Are their listings detailed with good-quality photos?
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6 November 2024 | 54 replies
My niece moved from Redwood City to Seattle and was always complaining about the smoke and air quality, even though I don't think it was that bad Ya I grew up in Silicon Valley and Redwood city is half way from San Jose to SF.
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5 November 2024 | 6 replies
Since it’s such a quiet and family oriented neighborhood, I would like to be mindful of the quality of residents that live here.
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7 November 2024 | 15 replies
You're flipping the property to rental quality, creating a SOW, hiring contractors, or swinging hammers DIY to get it done.
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8 November 2024 | 21 replies
@James KieferRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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6 November 2024 | 12 replies
You might not need professional pics for your market, but it is importnant to get nice quality pictures with good lighting.
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4 November 2024 | 4 replies
Excessive complaints or three violations in three years could lead to losing the ability to operate.Impact on Neighborhoods: Non-owner-occupied STRs (Type 2) may cause friction in residential neighborhoods, as they often function like businesses, which can disrupt the local community atmosphere.Recent Regulations (2024 Updates):1) STR operators must obtain a permit for either Type 1 or Type 2 properties, depending on whether the owner lives on-site.2) Platforms like Airbnb are required to remove any listings that lack a valid permit.3) New noise and occupancy regulations apply, with stricter enforcement through permit revocations and finesThese regulations are part of the city's efforts to balance the benefits of STRs with the preservation of neighborhood quality and local safety standards.4o