Jason Phu
cash flow or appreciations (in California)
24 April 2024 | 19 replies
So homes with ADUs sell for more, and the appraisals have followed pricing for four+ years now.I personally know an investment group that targets neighborhoods, mostly in the San Fernando Valley, where comps with ADUs are outperforming non-ADU comps so that they can refinance out the value created by their ADUs.
Larry King
Accelerated depreciation on primary residence turned STR?
21 April 2024 | 8 replies
For short-term rental properties, the depreciable life is 39 years.
Roger D Jones
And we wonder why...
23 April 2024 | 5 replies
It also has to be about quality of life.
Raj Patel
Cash out Refinance BRRR
23 April 2024 | 7 replies
Would our personal mortgages count against us for a cash out refinance?
John Dehn
Leak and High Water Bills
24 April 2024 | 6 replies
In my experience, the water company will give the person paying the bill a credit for the overage caused by the leak.
Reuben Pena
What loan options do I have to rehab building violations?
24 April 2024 | 4 replies
Hey @Reuben Pena - Man I feel you as well - I have dealt with city violations personally and for many clients.
Jeremy Pastor
Property Line Boundary Dispute
25 April 2024 | 27 replies
Personally, a developer bought land next to us and tried to clear a portion of our land along with his, said the line was unclear and he'd dispute it so best to let him proceed, but he backed off once he knew we had our survey and owners title and would make a claim.
Branden Heath
Arbitrage vs STR buy and own
25 April 2024 | 6 replies
Although I haven't personally enrolled in such a course, a single free webinar bridged crucial gaps for me to kickstart my business in the "arbitrage" route.For those inclined towards purchasing STR, I recommend exploring the offerings of the Short Term Shop.
Kyle Kipka
Bedbugs- tenant brought them in, feels the landlord is financially liable for removal
24 April 2024 | 2 replies
Kyle, you are correct, you should not be responsible, but the fact is MN law requires you to pay unless you can show the bed bugs are a result of willful, malicious, or irresponsible conduct of the tenant or a person visiting the tenant, which is nearly impossible to prove.
Ken Cort
Should i sell to pay off debts?
22 April 2024 | 8 replies
On the other hand, i would like to live more comfortably and let my income reflect that in my life choices (and not have fear about losing my job and not being able to pay my debts.