Kristian Kotov
New Asset Class - The Roomshare Condo
14 January 2025 | 3 replies
The idea is to convert a multi-family building into condos; but not in the traditional sense where you separate pre-existing apartments into their own condos; but in a way where you combine the common areas of all of the apartments in that whole building, and turn the individual rooms within those apartments into condos themselves; thus transforming the hallways, kitchens, bathrooms, living rooms, dining rooms, porches, balconies into common areas of the condos.
Henry Lazerow
Two warnings for the Chicago market! Section 8 lawsuits and fake tenants ID's
22 January 2025 | 12 replies
I don't think this is something new, for the past few years I noticed the first 48 hours I post a rental listing I get a few emails asking if I accept section 8.
Lauren Ruppert
Can an LLC (sole proprietor) sell a property to an LLC belonging to a son/daughter?
22 January 2025 | 5 replies
If so you need to fall into the guidelines (for the investor whos funding it) regarding non arms length transactions.The most common scenarios they typically prohibit are:- Gifts of Equity- Bailouts- Leaseback OptionsAt the end of the day it needs to be a legitimate transaction, with legitimate funds coming into close.
Jimmy Sont
New ADU Laws
17 January 2025 | 0 replies
Hi, I noticed there was new casita/ADU laws that went into effect in Jan 2025.
Corinne Chalmers
How to find out amount of subordinate NACA agreementte
21 January 2025 | 2 replies
Hmm, the title company said they couldn't determine the amount, only that there was an agreement to the terms of another agreement... like a notice for hoa responsibility tells you they're responsible but not how much is owed.
Luis Herna
Help With Loi As Wholesaler - Commercial Deal
23 January 2025 | 4 replies
Notice in some state like Texas, I MUST disclose I intend to assign the equitable interest.
Nick M.
Scam/fake inquiry of vrbo property ??
29 January 2025 | 25 replies
24 hrs maybeAlso noticed they were a member since 2025 - and no feedback.I am new also but their lack of response and cryptic message was a bit concerning…so I sent it to spam.Thanks for your input
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
And with much more in commonality with starting and running say a restaurant.
Evan Bonnell
Mold problem won't go away!!!
30 January 2025 | 2 replies
I noticed quite a bit of mold growing up the walls, but didn't think too much of it.
Michael Poloncic
Tenant breaking their lease
9 January 2025 | 8 replies
Only two things matter: the lease and your state law on termination of lease without notice.