@Colton Tapp The key to smoothly leasing and operating older office buildings is to have your (or someone you trust) finger on the pulse of the city and understanding zoning/permits/use/ADA.

Looking to connect with local real estate agents, investors, wholesalers, contractors, Building permit expediters in Pennsylvania.

If the schedule slips by one week a make up schedule now must be submitted.The contractor must list all subcontractors he will contract out to and you introduce you and you go over with them can they meet the schedule if not they are out.If this contractor is not performing as agreed send out a delay notice to put it on record in your files.Penalties should be included in the contract for liquidated damages and your contract should say you have the sole right to supplement the work regardless of who's name the permit is under and hopefully the permit is in your name.

Could just be cosmetic and could be more like 15k.People like certain areas but for a good enough deal will venture to other cities or even other states.Varies, for cosmetic there might not be any inspections for major remodels, permits need to be pulled and the city inspector would need to check everything.I don't use social media for any of this.

And yes, they will require an appraisal to verify.If you do not have BOTH of those, then FHA will not permit you to use rental income from your vacating property to help you qualify for your new loan.

I suspect no permits were pulled on the basement, but the seller says the house was bought that way in 1973.

Hello everyone Received a notice in the mail from the City of Euclid stating they cannot renew my rental permit until a stump is removed from the yard.  

He is willing to help with our new business venture but he's not sure what to charge for his time.In addition to taking care of the renovation-including design layout he will also be1. checking out the property with the real estate agent to run renovation estimates and making sure it will be a good rental.2. coordinate all permits and license with city3. even offer to manage the property without the usual management feeFor his time and effort, he is proposing that we give him part ownership of each property.

The Housing for Older Persons Act of 1995 (HOPA) seems to specifically permit this sort of rental.

Are some of these really an issue, if the home was built in the 50's and no permits have been pulled, for major renovations, most of these items are grandfathered in by the age of the building.