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27 December 2024 | 93 replies
I would like to pass on a little bit of useful information for anybody thinking of converting their permit over to owner-builder. 1 - You will not be able to sell the property for a minimum of 365 days from the date of issuing of the CO. 2 - The property must be for the owner's own use and occupancy and not for sale or lease which means you will not be able to rent it out. 3 - The owner-builder must ensure that all employees working on the project have the required licenses.4 - The owner-builder must provide worker's compensation as required by Florida law.5 - To apply for the owner builder permit, you must physical visit the building department.There are others requirements and conditions, however these are the main items.
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9 December 2024 | 5 replies
3.If a tenant with pet moves in and wishes to convert the pet to ESA or SA, is landlord allowed to deny the request?
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10 December 2024 | 6 replies
Painting walls, updating fixtures, or handling minor repairs yourself can save thousands upfront.Consider Your Exit Strategy: You’ve got the right idea;house hack for 1-2 years, then convert the property into a long-term rental.
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10 December 2024 | 16 replies
So I do want to clarify a few things about how my property is furnished that I assumed was implied, but my potential MTR does have the following: - Washer/Dryer- 75 inch mounted TV - Fridge/Microwave - Kitchen Appliances (silverware, pots/pans, soap dispensers, coffee maker, cutting boards, etc) - Multiple large mirrors on walls, fake plants around the home, living room carpet/coffee table in additon to couch. - Full office with a desk and a deskchar plus filing cabinet. - Bathroom towels, hair dryer, soap, toilettires, etc. - Grill in the backyard.
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10 December 2024 | 6 replies
Then, run a rental stress test on the new STR assuming a worst-case scenario—like converting it to a long-term rental with a 30% cut in future rents.
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5 December 2024 | 13 replies
And once you convert it into your primary residence it is no longer eligible for a 1031 exchange.
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15 December 2024 | 25 replies
Xero will work since I have clients that uses them and well I helped them convert to it.
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6 December 2024 | 1 reply
Converting the basement to a living space to make a duplex.
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9 December 2024 | 7 replies
For example, if market rent was $2,000, I might offer $1,900 and $1,950 for a 2-year lease to start.My leases convert to month-to-month at the end of the term.
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12 December 2024 | 17 replies
Rick, I am preparing to convert a detached garage in Anaheim into 2 bedroom ADU.