There's tons of variables as far as A-C buildings, rent control, cap ex, vacancy rates in different aras of LA (Then there's the mandated earthquake retrofit thing that I don't know how it could effect some of the buildings LATimes Earthquake Retro on Apts )So for for quickly crunching CAP rates --for instance on an old 1930 building in Los Angeles, what do most of you use as expenses?

I called TVS to find out and apparently its a mandate imposed by the credit agencies.

You really have to assess how each strategy plays out.We mandate that all of our rental properties under management be updated to modern fire safety code.

Anyone know if this 6-month "seasoning" process for a cash out refi on a 1-unit investment property is a fannie/freddie mandate, and if not, can anyone refer me to a lender that works a bit quicker.

I have a couple of Student rentals, the college where mine are built housing within the past few years to expand, only thing is enrollment went down. the college went from mandating Freshman have to live in dorms to Freshman and Sophomores, which removed some of the student renters from the area and hit other owners hard. so look at Statistics from the schools if you can.

Your contract should have simply stated, or been amended to say, it was contingent upon the state mandated right of first refusal to applicable tenants.  

Buyer and Seller agree to hold the Broker harmless from any liability, including attorney's fees and costs, for good faith disbursement of Earnest Money in accordance with this Agreement and licensing regulations.No matter which purchase agreement was used state law mandates the process for release of earnest money.I hope this answers your questions.  

In Arizona we have anti-deficiency statutes for primary residences, so they are instead mandating borrowers sign promissory notes prior to submitting the short sale to the investor.

Problem is they fail to collect them here.So when a mobile owner in somebody elses court doesnt pay for several years no mandated by law, action by the sherrif occurs cause they say they are too busy.Mobile becomes old and worthless and needs torn down,,,county thinks its as good as new and taxing heavy.

The most onerous provision would require the use of an Equity Purchase Contract that mandates the total consideration paid to the homeowner be no less that 82% of "fair market value".