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6 April 2020 | 12 replies
I prefer owning SFRs and small multi-units over the larger multi-units for a few reasons:On larger deals you lose control due to the syndication.You can't sell to a retail buyer if rents compress (the value of the property is strictly based on the income it produces).A mortgage payment on a larger building is harder to float if something happens (flood, fire, etc.) whereas I can cover the mortgage on one of my single family houses if it floods, and the odds of all of them flooding are very small.Hope that helps!
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2 April 2020 | 6 replies
It would be dependent on the municipal code of the subject property.
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8 February 2021 | 88 replies
URAR is an acronym for Uniform Residential Appraisal Report, just like USPAP is an acronym for the Uniform Standards of the Professional Appraisal Practice - emphasis on the word uniform in both cases.Armed with a uniform report format developed by appraisers beholden to a uniform code of conduct, lenders from CA can obtain an appraisal from a property in WI and make a decision on the value without wondering what the particular appraiser is attempting to communicate - in other words there is a very real need to keep it simple so the whole machine of lending across state lines goes smoothly.
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2 April 2020 | 1 reply
What zip code is it in?
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15 April 2020 | 6 replies
According the the GA SOS website Code Title 14 there are provisions to what "business" is.
1 April 2020 | 1 reply
Anything collected after closing is yours, so I would insist that you keep the 5 days of rent and not have to give it to the seller after closing.You need to establish on the first day you own the property that they need NEW leases and deposits, that the pets are not ok (or are with a fee if you want), and be strict.
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15 April 2020 | 13 replies
Is anyone familiar with that area code?
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8 April 2020 | 9 replies
If anyone in any of these markets has suggestions on what zip codes I can continue my search please let me know.
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22 August 2020 | 11 replies
Sure, @Peter Walther... here you go: https://law.justia.com/codes/maryland/2018/estates-and-trusts/title-17/subtitle-1/section-17-104/
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13 April 2020 | 7 replies
Have you contacted the government authority with responsibility for code enforcement, i.e.