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25 October 2024 | 22 replies
While the landlord defined the dwelling unit as his single-family home; the court, after analyzing the statutory definitions of the term, the determined that the dwelling unit at issue was the separate room being rented to the tenant.[2] As a result, the landlord had converted his single unit dwelling into a multi-unit dwelling that was subject to Oakland’s Rent Adjustment Program since the individual rooms were not alienable separate from the title to any other dwelling unit.Under the court’s decision, tenants in Oakland renting rooms in a single-family home or a condominium are entitled to the protections provided by Oakland’s Rent Adjustment Program.
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23 October 2024 | 2 replies
This protects you in case the buyer defaults.Lastly, keep in mind that owner financing comes with some risk.
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23 October 2024 | 13 replies
Is it common to protect your list or are you open to sharing with fellow investors your know?
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24 October 2024 | 1 reply
Vance, elaborated on the idea, with Vance advocating the development of non-protected federal lands for housing.
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30 October 2024 | 21 replies
Tenants wont be hard to find like you mentioned but mindfulness on the protection laws in the process will be important.
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23 October 2024 | 18 replies
I enjoy your perspective and purpose-driven attitude, there is no substitute for hard work over an extended period of time.As relates to this topic, protecting my guys (many of them pro athletes) is important to me.
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25 October 2024 | 13 replies
This structure can provide liability protection and potential tax benefits.Consult with a Lawyer: A real estate attorney can help you form the entity and ensure it's set up correctly for property ownership and management.2.
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24 October 2024 | 5 replies
.- Title Insurance: Protects against potential disputes over property ownership.- Appraisal Fees: Necessary to determine the property’s market value.- Closing Costs: This can include various fees related to finalizing the loan, such as recording fees and settlement costs.Inspection Fees: If required, this ensures the property is in good condition before purchase.It’s a good idea to discuss these potential costs with your lender upfront to get a clearer picture of what to expect.
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24 October 2024 | 13 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
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23 October 2024 | 0 replies
Trying to figure out the optimal strategy that will provide liability protection, proper estate transfer at death, and other strategies that can benefit their tax situation.I have my ideas, but want to consult with someone who has estate and tax planning experience in CA.