9 April 2024 | 67 replies
Just pulling something from the internet (don't trust everything you see so take this with a grain of salt I'm not a lawyer): "If the building in question isn't officially designated as an SRO or hotel, it is illegal for landlords to rent individual rooms to tenants for a number of reasons, including that it could allow landlords to evade the maximum rent permitted by the Rent Stabilization Law and Code."
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6 April 2024 | 6 replies
To comply, we asked the husband to complete the rental application and submit the required documents, including ID, SSN, and bank statements.
6 April 2024 | 12 replies
(including contractors, cleaners, etc)2. do 100 hours of material participation and that time is more then anyone else.
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6 April 2024 | 5 replies
I would love to find a software to help automate the following tasks, there are lots of options, most at $40/month, would prefer cheaper but will probably pay this for the best software that can best handle:- creating a direct booking website from my Airbnb listing, I know some websites have an auto-builder which would be preferred- handling automated messaging- handling calendar and payments, including add-ons- sending agreements and collecting and returning depositsI am overwhelmed with the options and suffering analysis paralysis.
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6 April 2024 | 2 replies
If they are insuring the property in its current state, it's likely that a new buyer will also be able to obtain insurance without trouble.As for the mortgage aspect, the key factor will be ensuring that the house, including the patio "room" and its roof, meets all local building codes and standards.
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6 April 2024 | 22 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.
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6 April 2024 | 5 replies
"Commercial uses" means any business, including a rental.
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5 April 2024 | 3 replies
Has any one had any experience with buyouts and what should be included, is this document called a buy-sell agreement?
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9 April 2024 | 64 replies
New information, including fed comments today, will create continued volatility.We probably should stop discussing opinions on what is going to happen and start discussing what we are doing instead.
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5 April 2024 | 43 replies
INDEMNIFICATION AND HOLD HARMLESSExcept for the willful misconduct of Agent, Owner shall indemnify, defend, and hold Agent harmless from all loss, damage, cost,expense (including attorneys' fees), liability, claims, investigations and lawsuits by third parties for personal injury, death orproperty damage incurred or occurring in, on, or about the Premises that are connected with the management of the property,during the term of this Agreement or after its termination, including any liability for error of judgment, a mistake of fact of law, orfor anything which Agent may do or refrain from doing hereinafter.