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3 February 2025 | 0 replies
The Yale Law Journal article, "Zoned Out: How Zoning Law Undermines Family Law’s Functional Turn," highlights this issue, noting that while family law has evolved to recognize diverse family structures, zoning laws have lagged behind, potentially hindering innovative housing solutions like co-living.Challenges for Co-Living InvestorsFor real estate investors interested in co-living, these restrictive definitions can lead to:Legal Barriers: Difficulty obtaining permits or approvals for co-living spaces due to non-compliance with traditional family definitions in zoning codes.Operational Challenges: Potential fines or legal disputes arising from housing arrangements that don't conform to local zoning definitions of a household.Market Limitations: Reduced ability to meet the growing demand for affordable, shared housing solutions.Advocacy for ReformThe Bloomberg article, "Why Are Zoning Laws Defining What Constitutes a Family?"
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10 February 2025 | 7 replies
One solution I see some people do is to partner with another investor on a couple of deals where each brings something to the table...more capital, experience, etc.
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3 February 2025 | 4 replies
What if a tenant fails to pay rent, leaves $2,000 in cleaning and repairs, and it takes another month to rent?
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20 February 2025 | 8 replies
Private lenders or even creating a small syndicate with a group of investors might also be worth exploring, especially since you can point to your uncle’s track record and your own experience managing rentals as a selling point.If timing is tight, you could look into a bridge loan to secure the property while figuring out a more permanent solution.
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15 February 2025 | 10 replies
For a first time investors that I work with I would recommend going with a turn key solution.
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16 February 2025 | 7 replies
You can point out spots like nail holes where they hung pictures, dirty spots in the apartment needing cleaning, blown outlets they are overusing, etc.
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20 February 2025 | 46 replies
Thank you for your input.Keep a cheat sheet for your property(ies) with color brand/codes for each room and common info needed such as appliance info, fridge opening HxW, etc...Paint should be standard sets of colors for all the properties you have.Flat means hard to clean, repaint it all.
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4 February 2025 | 17 replies
I would bet the solution lies in your answers to those last three questions.
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4 February 2025 | 6 replies
A clean-out at the property line is the norm around here.
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31 January 2025 | 7 replies
Did you ever find a solution?