Some people dream of owning a rental building so that over time it will supply them with good cash flow. While it sounds like a great idea if you can afford to do it, there are a number of things you need to know. I am currently working with a client who lives outside of California and wants to own a tenant-occupied multi-unit building which will provide her son a place to live and ultimately a place for her someday. …
Carol Solfanelli | Compass | DRE License # 01347033 |
415-297-7031 | carol.solfanelli@compass.com
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide
2022 Real Trends America’s Best Real Estate Professional
Top 1.5% of 1.6 Million Agents Nationwide
Tag: Owner-move-in-eviction
When we bought our tenant-occupied two unit building back in 1998 before I became a realtor, we never realized what a nightmare trying to move into our own home would be. Even in San Francisco, in a majority of instances, owners have the right to move into their own home! This can be done by way of an Owner Move-In Eviction or OMI. We bought our building planning to move into the lower “garden” unit and live in our new …