From adding bi-fold doors to creating outdoor kitchens, we design spaces that make the most of Southern California’s weather.These trends not only elevate the homes we renovate but also ensure they stand out in the market. 

Ensure compliance with 45-day identification and 180-day closing rules.This post does not create a CPA-Client relationship.

Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.

You can borrow  against a 401k or another property you own for example, but that would a secured loan.

One thing to be careful with though is that if you go the personal loan route, you need to ensure your DTI is still fine and you will still qualify for your VA loan assumption AND the second mortgage.

If your goal is financial security for your family, how do those things further or impede those goals? 

Moral of the story is check with your lenders to ensure you can hold the property in your LLC.

However, to ensure your plan remains compliant, including plan document maintenance and plan operation, you should engage alternate service providers.

What strategies do you recommend for securing hard money loans for spec builds?

If you could see that the population growth was increasing, then you could invest with some security.