Interested in getting some extra income with converting the extra space in the basement into a rentable unit.Basements in a one-family home can be lawfully rented only if the following conditions are met:Compliance with the Housing Maintenance Code for minimum room size.There is a minimum ceiling height of 7 ft.The walls, as high as ground level, must be damp- and water-proofed if HPD determines that subsoil conditions on the lot require it.The basement is occupied by one family and does not include boarders.Every room must have at least one window.The bottom of any yard or other required open space cannot be higher than six inches below the window sill of any required window in the room.

Determined to avoid such mistakes in the future, I earned my real estate license to better understand the buying and selling process.

The Board intends to reassess this decision to determine whether to recommence the program or to continue to pause the program no later than April 1, 2024.SIGNATURESPursuant to the requirements of Regulation A, the issuer has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.By:/s/ Dutch Brandon Mendenhall Name: Dutch Brandon Mendenhall Title:Chief Executive Officer Date: February 2, 2024 there ya go.. they should send this to all their investors so it ends all the wild speculation. 

The voucher program typically determines the amount they’ll pay based on their calculations, and you don’t necessarily need to lower your listed price for utility allowances.

It will all depend on what your goals are.Ask them questions that will help you determine whether they have the value/knowledge that you'll need to get closer to your goals.

I also sold 2 properties to one out of state and another from Pakistan and the buyer never walked through but relied on the home inspection to determine scope of work or to complete the deal.    

Many of the folks I worked with back during the dawn of the internet business era have moved on, so this is a learning curve, but I’m embracing it.Partnerships are something I’m open to, whether it’s working on your projects or collaborating on future deals.

The only deal I’ve ever walked away from we determined that the entirety of two of the exterior, structural walls were significantly bowing and in the basement below them the foundation had been permanently covered so there was no way to see what it was doing.

And, the buyer cannot hire their own 3rd party inspector to determine those issues.  

Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.