11 February 2021 | 19 replies
I also spoke to my attorney (not just now, but a few weeks ago) regarding those tenants that are violating AB3088 (i.e. not paying the 25% rent) and he mentioned that regardless of if they are paying the 25% or not, some courts (I'm in San Bernardino County) aren't even hearing a case as long as it is related to non-payment of rent.Do you see this happening in your jurisdiction?
2 June 2020 | 3 replies
State statutes require to wait the prescribed time Or do the QT action to force anyone into court that potentially have a claim due to improper notification, etc.
7 June 2020 | 27 replies
Whatever your policy, make sure it's in the lease.In our apartment complexes, we do pay for the landscaping and maintenance of grounds.
4 June 2020 | 5 replies
In my area, the courts allow quick removal of tenants involved in drug-related criminal activity or violence, even when there is no arrest, and for persons occupying the property without the landlord’s permission.
7 July 2020 | 5 replies
Evictions, drafting operating agreements, interpreting tax court cases, creating an entity, etc@Katie Lepore may be able to help you.
3 June 2020 | 1 reply
Purchase price: $11,000,000 This is a very complex deal involving over 113 SFR, in one portfolio.
2 June 2020 | 0 replies
Purchase price: $11,000,000 This is a very complex deal involving over 113 SFR, in one portfolio.
4 June 2020 | 26 replies
Most new investors don’t do a 100 unit complex out of the gate.
16 June 2020 | 14 replies
Stay healthy, stay away from bad people.Some ideas to find the deals:walk/drive neighborhoods, look for neglected propertiesadvertise, newspapers, radio, pass out flyersWrite a nice letter to landlordsWhen housing court starts up again, meet landlords there - chatCall and visit owners of Expired Listings - make offersBuild a relationship with a few Realtors, offer to pay them a fee (3-5% of purchase price for unlisted buildings) for presenting your offers to FSBO's and expired listings (auto pilot investing) The purpose behind this is to open negotiations with sellers, I always offer well below their asking price BUT IN WRITING hand delivered by an agent (you save time, cost of gas and you increase the odds of finding a fat equity deal)Study Real Estate Control techniques; delayed settlement, assignment clauses, all types of options, hybrid or JV with sellers, repair consideration with possession (known as front porch offers) use one of the 21 proposals for seller financing (the best highest leverage financing you can get)My LOCK-DOWN has proven to be profitable, I have time to network and develop clients nationwide to mentor/partner transactions.
14 August 2020 | 9 replies
Other area that you an get a STR permit without a homestead exemption requires commerical zoning (think apartments complexes) and even there, there is limits to how many days you can rent it.