23 September 2019 | 13 replies
Prohibits an RGB from setting longevity rentincreases.Part D: Repeals High Rent Deregulation, which allows units to be removedfrom rent regulation upon vacancy after the rent achieves a high rentthreshold; and Repeals High Income Deregulation provisions, which allowsunits to be removed from rent regulation if a tenant's income is$200,000 or more for two consecutive years.Part E: Sets the Preferential Rent as the base rent for the duration ofa tenancy, but preserves regulatory agreements that allow for legal rentincreases.Part F: Allows HCR or a court of competent jurisdiction to look back at6 years of rent history when determining rent overcharges, or a longerlook back period if it is reasonably necessary to make a determination.Eliminates the ability of an owner to escape punitive damages where theovercharges were willful.Part G: Enacts the "Statewide Tenant Protection Act of 2019" to allowany city, town or village to opt-in to ETPA and provides the appointmentof the members of the new RGBs to be done by the opting-in munici-palities.Part H: Amends the maximum collectable rent increase formula thatapplies to Rent Control units to set annual increase at either an aver-age of the last five years of RGB increases, or 7.5%, whichever is less;and prohibits Fuel Pass-Along charges for rent-controlled tenants.Part I: Reforms the personal use exclusion to limit the number of unitsan owner can take out of rent regulation, and requires the use to be animmediate and compelling necessity for use as a primary residence.Part J: Ensures that units rented by nonprofits to provide housing tohomeless or previously homeless people revert to rent regulation at theend of the use by the nonprofit, and that the previously homeless personor persons are treated as tenants for purposes of the law.Part K: Major Capital Improvement (MCI) & Individual Apartment Improve-ment (IAI) Reforms*Limits approvals to work for essential building functions and otherimprovements (e.g, heat, plumbing, windows, roofing); exclude mainte-nance.
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20 June 2019 | 2 replies
I recently sold a trailer in the Midlands Village park.
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6 August 2019 | 8 replies
HarperWoods, Detroit, East english village, looking in the warren, eastpointe and a few other counties also.
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21 November 2019 | 7 replies
Flower Mound and Highland Village are nice.
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10 August 2019 | 0 replies
We are in search of a 1b1b or 2b1b that is currently FRBO in Wicker Park, Logan Square, Ukrainian Village or Pilsen.
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29 September 2019 | 12 replies
From my experience with mine I get around 800 can raise to 850 I want to push it but mines area in good area like east english village.
10 September 2019 | 4 replies
I am in the process of closing my first REI deal: a SMF 4-unit property in Little Village, Chicago.
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26 August 2019 | 1 reply
So I'm having a garage torn down and either a pad or a new one put in its place and all the big garage companies are giving me asinine quotes so far. I have a few more coming out, but I'm thinking about just hiring pe...
28 August 2019 | 0 replies
Hey,I'm about to put an offer to a condo in Greenwood Village, Colorado.
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10 August 2019 | 10 replies
I am looking to buy my first rental investment property, and after analyzing the market where I live (Traverse City, MI) for some time, I’m thinking there are other places within an hour or so that may provide more bang for my buck.I’m considering two places, both located in a lovely little village near Lake Michigan about an hour from my primary residence.