Izzie Y.
Additions and Lot Coverage in California - Potential Loophole?
1 May 2020 | 2 replies
However, the new ADU laws in California that went into effect Jan 1 2020 may provide a loophole.As I understand the laws, they say that the city cannot use lot coverage to prevent you from building an ADU under certain circumstances, therefore I wonder if I could do the following:STEP #1: Convert two garages into uncovered carports, causing them to be removed from the lot coverage and bringing our lot coverage well below 45%.
Daniel Peavey
Cap Rate Calculation
30 April 2020 | 8 replies
The appreciated value of 95k, will have a new effective cap rate with new buyer.
Carolyn Blackburn
April wasn't so bad. How will May fair?
4 May 2020 | 8 replies
Not one of our 3 buyers or 1 seller that were under contract were effected.
Michael Delgado
Paying down debt & improve credit score or just buy a rental prop
8 May 2020 | 6 replies
That’s what’s really effecting my score.
David A Muise
Asking tenants “at will” to leave right now?
5 May 2020 | 10 replies
The attachment lays out that the Exec Orders are to remain in effect for an additional 21 days.
John Underwood
Should rent be canceled because of the coronavirus?
2 May 2020 | 24 replies
Media amplification of the potency of so called "Renters Advocates" calling for rent strikes is probably either Fake News hoping that gullible people will try doing this, or greatly overblown.When the so-called "Renter Advocate's" lease comes up for renewal what do you think the result will be.I understand the working poor, and losing their housing situation is a rough road for these people.
Jason Powell
Can RE professional take passive syndication losses?
30 April 2020 | 5 replies
The election, by the way, is irrevocable and is not a no-brainer, it could create undesirable side effects.
Jared Smith
Which real estate investing path? 1, 2 or 3?
19 May 2020 | 53 replies
The snowball effect is real.
Devon Keaveny
Are C/D area properties worth it?
2 May 2020 | 25 replies
I think it's the drugs currently being taken or the linger effects of spending many younger years of life in a self-induced haze.
Gregory Schwartz
Triple Net Analysis: How to calculate expense
2 May 2020 | 16 replies
The calculation for calculating NOI for a NNN leased property is a follows:Rental Income+ Reimbursement Income (Tenant reimbursing the landlord for operating expenses)= Subtotal- Vacancy/Collection Loss (% Applied to the subtotal)= Effective Gross Income- Real estate taxes (Typically reimbursed in a NNN lease)- Insurance (Typically reimbursed in a NNN lease)- Maintenance (This will depend on if single-tenant building or multi)- Utilities (Could be nothing is single-tenant building)- Management Fees (Typically reimbursed in a NNN lease)- General/Admin Expenses (Typically reimbursed in a NNN lease)- Reserve for replacement (Tenants do not typically reimburse for this)= NOINOI/Cap Rate = Market Value