Matthew Wright
San Francisco- Multiunit building- legalizing 3rd unit
10 September 2024 | 7 replies
If Planning does determine the existence of your ground floor unit, it will require you to legalize the unit through the existing Planning code process assuming zoning supports the third unit OR using the new ADU program making your fast track condo conversion a passing dream.With regards, to some of your latter comments and questions:1) Any un-permitted work (including corrections) is not a good idea as a quick compliant from a neighbor can bring an inspector knocking on your door with a NOV especially in the current environment where everyone is SIP.2) Legalizing existing constructed spaces can be hit and miss based on the inspector you get.
Ola Inyang
Newbie's to Real Estate Investing out of state
13 September 2024 | 20 replies
Each of these markets has its pros and cons, from rising property values to varying regulations on short-term rentals.As for financing, beyond traditional mortgages, you could explore DSCR loans (especially useful for rental properties), private lending, and even seller financing.
Saulo Dias
What Matters Most for Vacation Rental Success?
14 September 2024 | 26 replies
Local Regulations & Market Conditions:In areas where vacation rentals are regulated or oversaturated, factors like legal compliance and market competition can have a bigger impact than ratings.
Priti Ag
Can condos with RSO in place be used for MTRs?
12 September 2024 | 2 replies
In reading about RSO in LA, it seems to be defined around regulations for LTRs, not specifically MTRs.
Dan Kiely
Houston House Hacking Strategy
12 September 2024 | 7 replies
@Dan KielySugar Land and Katy are family-friendly suburbs with good schools, a strong job market, and a safe environment, but have higher property taxes and commute times.
Don Konipol
Why I Believe Many Investors Have the Wrong Goals
13 September 2024 | 20 replies
It is precisely because of mentoring programs that teach strategies and techniques to people who do not have any grasp of the three afore mentioned fundamentals that we have such a mess with “wholesaling” and “subject to” that governmental authorities are figuring ways to heavily regulate or outright ban these activities in the residential real estate field.
Jane Dang
New fence replacement on rental property is deductible or depreciation
11 September 2024 | 18 replies
There're different interpretations of "tangible property regulations" which is the law that controls repairs vs. capital improvements determination.
Lance Turner
Investment Property with an ADU
11 September 2024 | 4 replies
Hi Lance,Based on your query and the information provided, here's some guidance on renting out a primary residence and an ADU in Georgia:Legality and Zoning: ADUs are legal in many parts of Georgia, but regulations vary by location.
Joe Morello
Issues facing Condo Associations in Florida - What to Know
11 September 2024 | 2 replies
These issues have been exacerbated by new regulations following the tragic Surfside condo collapse.Legislative Changes:Recent legislation in Florida, such as Senate Bill 4D, has introduced stringent requirements for condominium associations.
Michael Belz
Seeking Feedback on Multi-Family Deal Underwriting
13 September 2024 | 9 replies
Many NY apartment buildings with 6+ units built before 1974 are rent stabilized.You can look up the building here to see if it is on the rent regulated building list.All the best to you on your search!