I own 3 student rental properties in a city in Michigan that closely regulates rental properties. All single family houses are licensed for one family or a specific number of unrelated individuals. For example, 2 of...
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My husband and I bought a bed and breakfast in June for $285k that was being run as a commercial property. We have not and will not renew any commercial licensing. There is a main home (built in 1901, 3/2.5, 1500 sf i...
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With jurisdictions being closed and many delaying court proceedings until July 1, once they do open up how long will it take to get rid of the backlog?Curious as to others opinion. In speaking with many of the attorne...
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I had the opportunity to purchase a nine-unit complex last August at a great price, but it needed a lot of work from both a resident retention (and reduction) and deferred maintenance perspective. The 8 two-bed, two-b...
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My tenants moved out of one of my rentals leaving a mess and a German Cockroach infestation. I have incurred around $6K in expenses getting the place back to normal. I have sent the Deposit Disposition with documentat...
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Experts, seeking your advice on handling the situation with a Section 8 tenant living in my triplex. I inherited this Section 8 tenant on my property. The total rent I had been collecting on this apartment has been $9...
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My partner and I own a 6 unit apartment on a town square in a small town in Missouri. The building is ~100 years old, the units are probably 20 years old. Everything is either currently to code or grandfathered in b...
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Thanks to everyone who has offered help on this project so far. I am working on a flip in OC and I now have a quit claim deed in hand, with purpose to transfer 50% interest from an old partner from a joint tenants in ...
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I intend to sell my primary home in Brooklyn NY in April 2020. There is a long-standing 17 year encroachment of my extension 10 1/2" over my neighbor's property line. Please accept the fact that this is a TEXTBOOK cas...
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Just got property tax statements today. Most of the houses went up a few thousand to maybe 7 thousand, which is bad enough, but I have one house that the improvements were valued at 76,000 last year, and this year a...