Alan Asriants
Question for Lenders - ADU Financing - CA - LA - 4 unit SB9
My partner is a builder in the LA area and his client posed an interesting question for him that could affect financing in the future. He owns a 4 unit property in LA and wants to convert the 2 car garage into an ADU....
Wesley W.
Assigned parking lane "violator"
Hi all,There was a thread several days ago regarding a different issue with assigned parking, so I thought I would keep with a variation on the theme.We've got a small multi-family building (4 unit) that has just two ...
Alexandra West
Security deposit questions - urgent
Hello, if tenant has not provided any mail forwarding address am I still required to return the security deposit? Is the onus on me to proactively ask her for her mail forwarding address if she failed to provide it up...
Marshall Robins
Creating Multi-family or Splitting lots for returns in California - SB 9
If you’re active in California real estate or looking to break into the market, you’ve probably heard about Senate Bill 9 (SB 9). Signed into law in 2021, SB 9 is designed to address the housing crisis by allowing g...
Account Closed
Does This Section of the Lease Hold Up?
I just moved into a new apartment this weekend and the place was infested with insects. I tried calling the property management company because of this, but they are closed on weekends. Because the unit was infested w...
James Edwards
Three Unit Multifamily Question
Just discovered a property locally while looking at single family. Listed at $145,000, assessed at $112k. Been listed a year and started at $165,000. Built it 1946, Converted into 3, 2 bed 1 bath, units. Supposedly H...
Jeffrey Holst
Mortgage servicer question
I am looking to get information about loan servicing. Not sure this is the right forum or not but hopefully someone can help me out. I have heard on the podcast and also read that there are limits to the number of o...
Eran G.
How to include fees into your lease agreement.
I would like to include fees into my lease agreement for failure to follow through on lease covenants. What are some of the fees landlords typically include in lease agreements and how much are they for? Also, I am ...
Adam Fortier
How do you guys give forms to you tenants?
How do you contact your tenants, Or give them forms? ;A)Face-To-Face?B)E-mail?C)Drop Box?D)Text/Phone?I would like to use the forms I obtained from the Bigger Pockets Book Bonus. I'm a new Landlord, and just want to p...
Dean D
Lender wants sworn statement from me?
Just before closing. The buyers lender has asked for a Sworn Statment with a detailed list of all contractors and vendors including contract prices with balances and or paid in full amounts.
They state their intention...