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16 July 2024 | 4 replies
Floor is just painted concrete, and that includes the 300sf which the county assessor counts as fully finished.I'm reading that DSCR rent appraisers may not count partially finished space at all, and count fully finished basement space at only 25% of the rent of main floor space in the same house.What are your thoughts--is this how it typically is for DSCR rent appraisals?
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22 July 2024 | 120 replies
FYI, Ca-nan-ada ain't doing to well buddy. yeah friend, ya should maybe check with persons who actually know Aaa Guy.
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17 July 2024 | 20 replies
A quick synopsis: We got our zoning approved through the city, we then had to get a variance because we want to run an 8 bed facility but the International Building Code would have had that be a "Commercial" property and would've needed to be compliant with all of the ANSI requirements like having an accessible main floor bathroom and 2 accessible main floor bedrooms, this would've been cost prohibitive to us.
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14 July 2024 | 4 replies
If not, you need to be bery careful.....if they get the City involved and you have violated Code, you could be in big trouble.Like @Theresa Harris said, get them out ASAP, clean the place up, make it CODE COMPLIANT get a COO, (Certificate Of Occupancy) and do this right next time.Just my $0.02
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12 July 2024 | 8 replies
My guess is that they are not using a MI company as a two year loan isn't compliant.
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17 July 2024 | 37 replies
A DST (Delaware Statutory Trust) is 1031 exchange compliant and allows investors to exit active real estate.
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11 July 2024 | 8 replies
I know it needs a few things (bathroom size) revised to make it code compliant, and I will need an architect to help navigate zoning (another thing we don't do in Houston :D), site plans, elevation aesthetics and local requirements.
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9 July 2024 | 10 replies
Just curious, how long are they giving you to get compliant?
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9 July 2024 | 12 replies
I'd highly suggest learning the CT laws and making sure the company you use is completely compliant.
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12 July 2024 | 17 replies
Again, the tips you provided for evaluating agents was concrete, actionable advice.