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What Is a Mother-In-Law Apartment & Should You Have One?

Bay Property Management Group

That space could be turned into a mother-in-law apartment. Main Takeaways Mother-in-law apartments offer flexible living solutions , serving as spaces for aging relatives, guests, or rental units that can generate extra income. What Is a Mother-In-Law Apartment? Why Are They Called Mother-In-Law Apartments?

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How to Become a Tiny House Landlord

American Apartment Owners Association

Changes in state law have madeaccessory dwelling units the fastest-growing sector of Californias housing market, and multifamily owners have embraced the trend. They have turned carports, greenways, storage spaces and laundry rooms into entry-level apartments, sometimes in less than a year from conception to completion.

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What Is Phrogging in Real Estate?

Bay Property Management Group

Its more common than you might think and can happen even in vacant rental units. Sometimes, it even happens in rental units that are sitting empty between tenants. In that case, it’s definitely important to check out the attics, basements, and even empty units. And yes, its definitely illegal.

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What Is a Co-Applicant in a Rental?

Bay Property Management Group

A co-applicant can be: Spouses or Partners: Couples who wish to live together and combine their financial resources to meet rental qualifications. Roommates: Friends or acquaintances who agree to share a rental unit and its associated costs. It could mean getting a bigger or better apartment than you could afford alone.

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How to Become a Tiny House Landlord

American Apartment Owners Association

Changes in state law have madeaccessory dwelling units the fastest-growing sector of Californias housing market, and multifamily owners have embraced the trend. They have turned carports, greenways, storage spaces and laundry rooms into entry-level apartments, sometimes in less than a year from conception to completion.

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How to Invest in Real Estate: Guide for Beginners

American Apartment Owners Association

Or you could skip the rental part altogether and buy that same single-family house, make the necessary repairs and sell it at a profit, also known as house flipping. If you think you can handle more than one tenant, you could invest in an apartment building and collect multiple rent checks every month. What resources does AAOA offer?

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How to Invest in Real Estate: Guide for Beginners

American Apartment Owners Association

Or you could skip the rental part altogether and buy that same single-family house, make the necessary repairs and sell it at a profit, also known as house flipping. If you think you can handle more than one tenant, you could invest in an apartment building and collect multiple rent checks every month. What resources does AAOA offer?