The property with two homes has potential, especially with long-term tenants and the possibility of increasing rents from their current rates to closer to $1500 each.

What are some of the potential pros and cons of a homeowner selling their ADU? 

Recognizing these intricacies is vital for making well-informed decisions and maximizing the potential of your rental investment.b.

Maria Elena Durazo, D-Los Angeles, that would critically hinder your ability to effectively manage and invest in rental housing in California.Here's how SB 567 could negatively impact you:Restricts your ability to move into your property: This legislation introduces a restrictive definition of an "owner," potentially preventing you from moving into your own property if you or your family needed to do so.Obstructs essential repairs and renovations: The bill could obstruct your ability to repair significant property damage or to conduct necessary renovations, even when tenant safety is at risk.Complicates property sales and investments: The bill introduces unnecessary obstacles if you're a small property owner looking to exit the rental market or sell your property.Your urgent action is required to oppose SB 567.

That being said as I still have concerns as we explore syndications further: two being being earnest money and timing.Let's say we're looking at a potential deal that has a purchase price of $13MM, so we would probably need to raise $5.5MM-ish  with a fixed rate agency loan product like a Fannie/Freddie and including renovation cost.In a typical 1% EMD scenario we would need to come up with $130,000 shortly after executing the PSA.

Although having a higher DTI will not directly increase your interest rate, it will impact the loan programs you may qualify for and indirectly limit a buyer from a potentially better option. - What factors of a mortgage can vary from borrower to borrower?

Philly sends notification of potential leak after 96 hrs of continuous use, I got a plumber in today and possibly issue with toilet but its not confirmed as nothing is leaking consistently.

Hi BP community,My wife and I currently live in Brooklyn, NY and are potentially looking for a summer home / other season Airbnb rental up in the Hudson valley (max ~2 hours from the city).

Happy to connect and discuss the market.Hi Ben,I would love to chat about potential opportunities.

I understand that we made a mistake by not checking the covenants of the main HOA, but mainly went with the sub-HOA rules which don't mention anything around multiple properties for lease.Property A's lease expires end of this month and I have a tenant lined up to start a new lease term from 2/1 and Property B's lease expires in April and the current tenant is a long term one and would like to renew for two years.My preference to at least keep both of them through next January and potentially sell or transfer Property B to my son who is graduating in May and have a full time offer in hand.