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9 March 2024 | 2 replies
I'd be willing to live in it which appears to have some benefits for a condo conversion depending what town you're in.The thought being that we could buy a duplex/triplex/quad, convert it to a condo, and sell off the remaining units leaving me with (at the end of the day) an affordable housing option.Here are the condo zoning laws that I found for Sunnyvale: https://www.huduser.gov/portal...My understanding is that they don't do condo conversions with <3% rental vacancy rate, but it looks like it was 3.1% from the most recent HUD market analysis for my area that I could find: https://www.huduser.gov/portal...Does anyone know someone who has done a condo conversion in the Bay Area?
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9 March 2024 | 14 replies
I'm new to the investment and just sold and bought a property with a rental unit.
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7 March 2024 | 7 replies
You can control the investor's ability to exercise the option... placing "not exercisable before" type language in the document.Options are advantageous over JV to avoid partner disagreements.
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8 March 2024 | 11 replies
I am looking to invest in an apartment building of 5-15 units.
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8 March 2024 | 44 replies
So far I’ve shown the unit four times with zero applications and one with a couple of evictions.
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8 March 2024 | 6 replies
I am pretty sure under our current governance we have gone backwards by about 30,000 housing units and it is only getting worse.
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9 March 2024 | 17 replies
Lots of little houses on large lots, some with multiple units (can be cash cows) built before permits were required so grandfathered-in.
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8 March 2024 | 5 replies
I have a small rental portfolio in B class neighborhoods in the Northeast, and now looking to get into small size (16 units a year) development projects in the South Jersey/Philadelphia market.The goal is to build and sell 12 months.Since development is new to me, I need some guidance from experienced developer.
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9 March 2024 | 11 replies
We manage 320 units currently, and to date, I have received zero dollars back from tenants we have sent to collections.
8 March 2024 | 11 replies
The inspection period ends in a week and we already had an inspector come out to perform an inspection on both units.