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5 January 2025 | 17 replies
Redeveloping into mixed use live/work/play projects has been the most common proposed solution the past few years in my area.
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9 January 2025 | 5 replies
Then continue moving from one unit to the others until you renovate them all.
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4 January 2025 | 5 replies
When you go to sell, Montvale requires a certificate of occupancy so this issue has to be resolved in advance of a sale.Although I am not a lender, I assume you will not be approved for an owner-occupied mortgage on 5-units if it is a legal 4-unit without some type of mortgage fraud whether in reported rents, units, or another legal document or representation (very very large issue from a legal perspective with multiple arrests in the last year for anyone playing fast and loose).As far as the DCA, I would recommend coordinating your work with the city with the DCA.
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3 January 2025 | 3 replies
The goal is to continue growing the management business with our portfolio.
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3 January 2025 | 12 replies
If you do decide to help them out and rent continues to be late simply have a talk wiht them and remind them that rent helps pay your bills and since you did them a solid ask for the same in return.
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7 January 2025 | 8 replies
I strongly recommend that you set clear financial goals and maintain a continuous learning mindset.
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8 January 2025 | 11 replies
Will you continue to add units2.
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4 January 2025 | 4 replies
I believe they will continue to respond to all notices where they are required to do so.
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30 December 2024 | 89 replies
I will continue to expand, and I will continue this path that so far has been successful.
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28 December 2024 | 1 reply
Once that's covered, you can go all-in on those fabulous renovations.Effective marketing plays a pivotal role in attracting tenants and increasing property appeal.