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1 May 2015 | 103 replies
If a permit is not pulled (which won't be granted until these previous fines are paid off), they can put stop work orders on the property and deny occupancy.
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15 June 2015 | 13 replies
Currently trying to coral several distressed owners who have properties with a lot of deferred maintenance and below market occupancy in markets that we like.
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2 June 2015 | 3 replies
I also didn't change the locks on one and put about $500 worth of fixtures in the house (still in the box) that were gone the next day, but the previous occupant had a drug habit, I bought the house from his dad.
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2 September 2015 | 23 replies
Occupancy rates are over 95% in the grid.
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2 September 2015 | 23 replies
I wanted to run this deal by some people on the forums to get some advice from people wiser than I on this.Here are the details on the property:Located in western Maryland - old coal mining town; weak but seemingly steady economy; lots of blue collar workers8 units - 2 bedrooms in each unitEach unit rents for $500-550 (one unit rents for $400...special deal for tenant with current owner)100% occupancy = $49,800 gross rentals/year (not including laundry below)Comes with laundromat on first floor - 6 washers, 6 dryers; open to public; current income unknown to owner, but estimated by me at $250/moTaxes: $2,800/year ($233/mo)Owner-covered utilities: $7,200/year ($600/mo)Insurance: $2,700/year ($225/mo)About 1,000-1,500 sq ft of unfinished garage space on the first floor that is not being utilized.
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8 December 2015 | 4 replies
We are all easy going and I don't think it will be an issue (I hope).I have a few questions about leasing and proper division of utilities and common spaces.Tenant number 1 and 2 will each be renting out a bedroom and sharing the rest of the house with any other occupants including myself (landlord).1.
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4 February 2016 | 19 replies
I've seen retail real estate contracts that have no contingency for clean title -- just because that contract exists doesn't mean any buyer should ever consider using it.It might be reasonable for an owner occupant to take pre-possession of a property.
25 July 2015 | 8 replies
They are co-signing for all occupants.
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30 June 2014 | 47 replies
I've seen standards like 70 sq.ft. for the first person, 50 sq.ft. for each additional person for occupancy standards.
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10 May 2014 | 3 replies
The 203k is only able to be used by primary residence owner-occupants or qualified non-profit groups.