
21 November 2024 | 11 replies
Your definition is correct for "legal non-conforming".The "legal" part of "non-conforming" is dropped when it doesn't apply so most commonly people call these units "non-conforming", "finished", "in-law suite/unit", or "bonus unit".Non-conforming: Any property that doesn't meet current zoning requirements.Legal non-conforming: A non-conforming property that was lawfully established under previous zoning regulations and is allowed to continue its use.Based on his posts @Mario Morales is referring to a non-conforming unit.

20 November 2024 | 5 replies
Seems to be a great hold that'll continue to increase in value and the debt will be getting paid down.

21 November 2024 | 9 replies
After some back-and-forth an inspection was scheduled only for the code enforcement agent to... wait for it... wait for it... ghost my PM.At this point, I've advised my PM to communicate with code enforcement in writing as much as possible and to continue to document their no-shows, etc.

15 November 2024 | 5 replies
I use Stessa only for the tracking feature (transactions).

16 November 2024 | 21 replies
What is broken about the quote feature?

18 November 2024 | 5 replies
It is also my understanding that this would result in large tax returns (from depreciation offsetting my other active income) that I could use to continue to expand my portfolio.

15 November 2024 | 10 replies
Also looking into DoorLoop, looks like they have great UI and many features.

15 November 2024 | 6 replies
Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

23 November 2024 | 15 replies
Fannie does have a guideline that allows a property to be deeded over to an entity so long as the original borrower is also in the entity, but you have to wait 6 months of seasoning and maintain continuity of ownership.

22 November 2024 | 7 replies
She will say, "I will just text them that Ill come check out their issue etc" and I'm like "first of all, we do not text them, we send them a message on the portal, do NOT give them your personal cell #" yet she continues tod o it, I was told last night that we will definitely be letting her go.