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31 May 2024 | 187 replies
In between my agent and I would walk houses where human feces was smeared all over walls, flea infestations were so bad you had to spray yourself down in the front yard when you came out, and rugs with years of dog and cat urine baked into it.
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28 May 2024 | 11 replies
Unfortunately breaking into an unoccupied dwelling is typically the lowest degree of burglary.
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30 May 2024 | 43 replies
Tenants understand that the owner or PM has the right to periodically inspect the dwelling and if it is found that the tenant is destroying the home the Section 8 office can be contacted and the benefits will be placed at risk along with possible eviction.
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26 May 2024 | 1 reply
One piece of literature I have read indicates that an ESA may be turned down if the animal is too large to be kept in the space humanely, I would imagine a dog being kept in a 150 square foot room would not be considered humane.
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26 May 2024 | 1 reply
One piece of literature I have read indicates that an ESA may be turned down if the animal is too large to be kept in the space humanely, I would imagine a dog being kept in a 150 square foot room would not be considered humane.
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28 May 2024 | 42 replies
Here in Louisiana the Department of Health and Human Services Division of Health and Hospitals most License Adult Residential Facilities of any kind plus, a Certificate of Need is required.
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26 May 2024 | 2 replies
One piece of literature I have read indicates that an ESA may be turned down if the animal is too large to be kept in the space humanely, I would imagine a dog being kept in a 150 square foot room would not be considered humane.
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25 May 2024 | 11 replies
Now a landlord (and architect), I wouldn't build out the space without the second stair since it really is a safety issue/liability (especially in case of a fire) if anything were to happen.Full excerpt of building code below:According to the Chicago building code on egress requirements, the third story above grade plane within a dwelling unit [which in this case is the duplex-up unit], all the following conditions must be met:1.) the building is equipped throughout with an automatic sprinkler system2.) the floor area of the story does not exceed 1600 sq ft3.) the dwelling unit has an exit that discharges directly to the exterior at the level of exit discharge.Your third story attic space is unlikely to exceed 1600 sq ft, but you'll probably find the sprinkler system to be cost-prohibitive.
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25 May 2024 | 6 replies
Quote from @Drew Sygit: @Yanting Wang many investors are buying, "build to rent" properties.They are all being told that in buying a new construction property, they shouldn't have maintenance issues for 5-10 years, which will increase their cashflow/profit.Well, tenants have a way of breaking things, not taking care of problems and letting them become maintenance issues, and this is on top of the fact that most new construction properties require several warranty repairs by the builder in the first 12 months.As others have pointed out, you must live in the property for the first 12 months for an FHA mortgage or take your chances with committing mortgage fraud. do a new construction multifamily don't buy a single family for BTR the numbers are garbage. density is the only win for economies of scale, micro units as well. small, well designed multiple dwelling properties are superior.
25 May 2024 | 14 replies
I have sellers of a t6-8 zoned property that would take 1 million right now I'm sure in Wynwood Norte. we can go 12 stories through max incentives and put 60 dwelling units on it. we entitle the land it becomes worth 3 million, then you have construction numbers, sale prices, etc. miami is crazy. the best way to make money from a professional in this industry for 13 years who lives in miami and looks at deals in columbus and miami is development and getting involved in early development opportunities of raw land in urban settings where there is very little risk and pushing high density.