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20 September 2021 | 3 replies
The fourplex only exists because the zoning has been grandfathered in, on paper it is R2.This is my understanding of how SB 330 would affect my project:If I raze the building, I can't build anything less than four units ("An affected city or an affected county shall not approve a housing development project that will require the demolition of occupied or vacant protected units, unless all of the following apply: (A) (i) The project will replace all existing or demolished protected units.)Additionally, because the units exist under rent control (market rate), the rents of the new buildings in the future must also be rent controlled.
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4 October 2021 | 4 replies
Your CPA can easily split it based on your 50/50 ownership and also apply the personal vs. business use %.
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27 September 2021 | 3 replies
This rate applies for Federal and State employees as well, you just have to show your ID when you get to the desk.
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22 September 2021 | 13 replies
You need to read your Management Agreement and understand how they apply fees.
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23 September 2021 | 11 replies
Once I started growing this real estate thing, however, and I realized the opportunities that were out there if I only had the capital, I had to develop new skills in terms of BRRRRR (buy, rehab, rent, reserve, refinance, repeat), generating outside capital, deal analyzing, etc. a lot of which I had not ever done before, or had never applied to real estate.
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22 September 2021 | 4 replies
May not apply in all districts.My experience has been of a BK borrower selling his property to another entity and having the new entity file BK.
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3 October 2021 | 2 replies
I had a DF application denied since I was applying for the loan in my name, but had pooled funds with partners for the purchase.
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29 September 2021 | 4 replies
Begin applying for employment.
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23 September 2021 | 22 replies
Not sure if this applies to your situation or not.
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22 September 2021 | 4 replies
Murphy law applies in this situation.Thanks!