7 February 2024 | 6 replies
I have an appointment this week with the L&I office to discuss this issue, to see if they can issue me a letter or anything that notes that the property can legally be used as a two-family.I would greatly appreciate any input that any of you may have!
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9 February 2024 | 22 replies
The real issue is If you cant pay your mortgage without the help of a rental, you bought way to much house.
8 February 2024 | 4 replies
Some issues that I see with your plan1) What do you plan to do with your unit in Oregon while you are living in Washington?
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9 February 2024 | 15 replies
And not just that, lets say we pass 2023/2024 with lot of foreclosure that we expected.Lets say we move forward to 2033, Fed rate at 2033 lets say 4%, cap rate for apartment 3% (after going down from cap 6% in 2024), we would hit the same issue again and by that time, most of today's GP would move to different job or industry anyway, or retired.
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7 February 2024 | 4 replies
Besides, the point is not to hold on to the property but to add value and flip or BRRRR so it wouldn't be an issue.
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8 February 2024 | 16 replies
IE> If there is an issue and someone gets hurt you can be sued if you don't have insurance or if theirs does not cover you.
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7 February 2024 | 9 replies
Hello California landlords and investors, I came across this post on reddit discussing issues with tenant biased laws in California and lots of the comments seem to suggest that investing or being a landlord in California is very difficult and potentially a hassle/litigious/costly in case of issues.
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7 February 2024 | 5 replies
@Nick Maugeri It also depends on your level of risk tolerance for whether you want to leverage a property and if there are issues with the property that will not allow it to be financed initially.
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7 February 2024 | 6 replies
A search and seizure warrant was signed off and issued for tenants son who resided at my property from evidence I assume acquired by law enforcement.Need eviction attorney recommendation:This started out as a termination for the lease clause mentioned above.
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8 February 2024 | 13 replies
@Aaron Landau depends on the area but most areas it is not an issue when you are living in the house, it would be like a roommate situation.