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Updated about 7 years ago on . Most recent reply

User Stats

16
Posts
3
Votes
Kyle Weckman
  • Investor
  • Chicago, IL
3
Votes |
16
Posts

Rental Rescritions - 2 Year Occupancy

Kyle Weckman
  • Investor
  • Chicago, IL
Posted

All,

I currently own a unit in a high-rise condo building where I get great cash flow. I recently found a great deal in the same building but it appears the mgmt. team has changed the by-laws. 

Any thoughts on how I might be able to get around this? 

My guess is that they won't even check on this considering the building has been through 4 mgmt companies in 5 years. They don't know if they are coming or going. 

One thought I had was just have my other tenants move into the new unit if they agree,and then rent out my old. 

I am sure there is a sneaky way to get around this, but it could also get ugly if I get busted. I am 50/50 on if its worth the risk. 

Thanks again, 

Kyle  

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