I would love to know what everyone thinks of these.No-fault eviction rules will change for owner move-ins and remodels under Senate Bill 567, effective April 1, 2024.The California Tenant Protection Act of 2019 has been amended.Starting April 2024, more information is needed for a homeowner to end tenancy for moving or major remodel.To reclaim as owner-occupier, move in within 90 days of residents moving out.You must stay in the home for 12 months before it can be rented out again.The homeowner's close family must also follow this rule.Family members (spouse, parents, children, grandchildren), names, and relationships must be disclosed in the termination notice, following the same rules.Having occupied a rental unit on the property or a similar unit elsewhere does not qualify as grounds for lease termination.For remodels, owners of rental homes must provide more details of planned work, including copies of permits or signed contracts.If the work isn't completed, you must legally contact former tenants and offer the opportunity to move back in, so make sure to get a forwarding address when remodeling your rental home.Starting July 1, 2024, security deposits will be capped at one month's rent.Previous laws allowed 3 months' rent to be collected as a bond, in addition to the first month paid before moving in.With rising rents, move-in costs were becoming unaffordable for renters, especially for furnished properties.Moving forward, for a monthly rent of $2,500, the move-in cost will be capped at $5,000, including the security deposit and the first month's rent.This cap applies to both furnished and unfurnished homes.No need to return the difference if you already have a large security deposit of more than one month's rent.You can keep this amount even if it exceeds the new caps, until July 1, 2024.Homeowners will have increased protection against illegal occupancy with the implementation of Senate Bill 602, effective January 1, 2024.Trespassing and squatting pose genuine concerns to homeowners with empty properties.Starting in 2024, homeowners can notify the police about their vacant property, authorizing them to evict any trespasser who tries to live there or falsely claims to be a legal resident.This notice used to be valid for just 30 days.The amendment to SB 602 extends trespass letter validity to 12 months and allows electronic submission.A valid letter allows homeowners to avoid court eviction for illegal occupants.New laws to prevent credit history discrimination were introduced (Senate Bill 267) on January 1, 2024.Update your tenant screening process accordingly.If an applicant receives a government rental subsidy, you must reconsider how you evaluate their credit history and rental application.To prevent discrimination, changes to SB 267 prohibit landlords from relying on credit history unless the applicant has the opportunity to present alternative proof of their ability to pay their share of the rent.You must allow sufficient time for tenants to provide benefit statements, pay records, or bank statements.Consider this information instead of their credit history when deciding on lease agreement offers.

Whether it's a charming Victorian mansion, a mid-century modern gem, or a historic landmark, these properties hold a timeless allure that adds a layer of prestige and desirability to the local real estate market, making them sought-after investments for those who appreciate the intersection of history, art, and real estate.Supply and Demand Dynamics:The basic economic principle of supply and demand plays a critical role in determining property prices.

Artfully,Lorien

@Art Perkitny thank you!

I think it's much easier to charge a flat amount that is approximately the amount utilities would be, less bookkeeping and less risk of doing it wrong.https://www.revisor.mn.gov/statutes/cite/504B.2152019 Minnesota Statutes PROPERTY AND PROPERTY INTERESTS Chapter 504B Section 504B.215504B.211504B.2212019 Minnesota StatutesAuthenticate PDFResourcesSearch Minnesota StatutesAbout Minnesota Statutes2019 Statutes New, Amended or Repealed2019 Table of Chapters2019 Statutes Topics (Index)Chapter 504BTable of SectionsFull Chapter TextVersion ListSection 504B.215Version ListTopicsCooperative power associationsFurnace oilGas companiesGasesLandlords and tenantsMunicipally owned utilitiesPower companiesPublic utilitiesResidential rental propertyUtilitiesWater companiesRecent History2010 Subd. 2a Amended 2010 c 315 s 72010 Subd. 3 Amended 2010 c 210 s 12008 Subd. 2 Amended 2008 c 313 s 12008 Subd. 3 Amended 2008 c 313 s 22006 Subd. 2b New 2006 c 183 s 12000 Subd. 2 Amended 2000 c 268 s 12000 Subd. 2a New 2000 c 268 s 21999 504B.215 New 1999 c 199 art 1 s 24504B.215 BILLING; LOSS OF SERVICES.Subdivision 1.Definitions.For the purposes of this section, "single-metered residential building" means a multiunit rental building with one or more separate residential living units where the utility service measured through a single meter provides service to an individual unit and to all or parts of common areas or other units.Subd. 2.Single-meter utility service payments.Except as provided in subdivision 3, the landlord of a single-metered residential building shall be the bill payer responsible, and shall be the customer of record contracting with the utility for utility services.

You'll see a link for e-file, which lets you file your own lawsuits electronically and manage them electronically and get email notifications when the other side files something or the judge issues an order.

I am reading Doug Marshall's "Mastering the Art of Commercial Real Estate" since I am learning about real estate investment.

I will say a big more art here and there would be nice but not a deal breaker.Is it only advertised on Vacasa?

I listened to most of his podcast "The Best Passive Income Model" and followed on to listen to "The Art Of Passive Income" podcast.

This can be done either by buying into a syndication that is utilizing 50% leverage, or buy property yourself and obtain a loan at 50% LTV.Since you now have the benefit of owning real property valued at twice your note investments, you should have your entire note and property portfolio hedged for inflation 100% - at least theoretically.Comparing mortgage note investing and investing in real estate equity is not going to be any different that comparing investing in art and investing in oil; the only relationship is that one is real property and the other is secured by real property.