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4 March 2024 | 5 replies
@Ademola DawoduThe process to evict a tenant from a unit in Los Angeles when you are purchasing a 2-4 unit multifamily property depends on various factors, including the terms of the existing lease agreement, local and state laws, and the reason for eviction.In general, if you plan to occupy the unit yourself, you may be able to use the "owner-move-in" eviction process.
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4 March 2024 | 7 replies
Should I include cabinets/shelving or just leave the room bare with just the hookups so whoever buys it can design it how they want?
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5 March 2024 | 7 replies
A report in my view include roll-ups (sums) at the bottom of columns.
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4 March 2024 | 9 replies
Study after study have shown that default rates skyrocket when the borrower/guarantor doesn't have adequate skin in the game.
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4 March 2024 | 13 replies
He's financed my last 12 projects, including 5 construction-to-perm loans.
5 March 2024 | 4 replies
It is important to clarify this policy beforehand to ensure consistency and fairness in the application process.In addition to credit scores, other factors to consider when evaluating potential tenants include their income level, employment stability, rental history, criminal background (such as the DUI), and any other relevant information provided in the application.In this particular scenario, the fact that one of the applicants has a credit score below the minimum requirement, as well as a DUI on their record, may raise red flags for some landlords.
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5 March 2024 | 28 replies
If someone has a 100 home portfolio they should consult attorneys and insurance professionals as that could be quite complex and cannot be answered in a message board post from anyone, including myself.
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4 March 2024 | 3 replies
These lenders often have more experience and flexibility with properties that include ADUs and JADUs.Community Banks and Credit Unions: Local community banks and credit unions may be more willing to work with you, especially if they have a better understanding of the local real estate market and the value ADUs and JADUs bring to a property.Mortgage Brokers: A mortgage broker may have access to a wider range of lending options and could help you find a lender willing to consider your property.
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4 March 2024 | 2 replies
Was going to handwrite letters to property owners in my immediate area and maybe include a photo of my wife and I.Can anyone give me any suggestions on best practices?
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5 March 2024 | 4 replies
Cousin’s $275 million investment secured a 50 percent ownership in the project’s first and second phases.The first phase is set to include 388,000 square feet of office space, 60,000 square feet of retail and 542 multifamily units, a new 14-story office building, as well as the adaptive reuse of an existing structure dubbed the “curved building.”John Clifford, founding principal at S9 Architecture—the studio behind the design of Neuhoff—told MHN that the development establishes a new sub-neighborhood that connects Germantown in the north, south and west.