Michael Ernst
Denver Property Type change from SFH -> Duplex?
I have a property I'm looking to close on soon in the Denver area that is listed in a SFH zoning area. The interesting part is that this property:
1. Property type is SFR Grade C
2. Has 2 valid addresses according...
Michael Ernst
Denver Property Type change from SFH -> Duplex?
I have a property I'm looking to close on soon in the Denver area that is listed in a SFH zoning area. The interesting part is that this property:
1. Property type is SFR Grade C
2. Has 2 valid addresses according t...
Eric Black
Can Property Manager make changes to lease?
We live in California and have a rental property in the Atlanta area. We recently decided that we are going to sell the property and emailed the PM to let them know. They wrote back and informed us that if we terminat...
Chad Bauer
Recent changes/problems in obtaining property insurance
After spending a couple years overseas I'm getting back into investing. I am closing on 2 properties next week and when I called my agent to get policies on them during rehab I was a little surprised to hear how few ...
David Friedman
nontraditional property changes / mods to unlock value?
One of the tenets of investing is to buy low and sell (or rent) high. I've started0my search for my first real investment, after owning a number of "turnkey"condos over the last 20 years.Other than finding the right p...
Daniel Frye
Underwriting Changes on Multifamily Properties - San Diego
Hello all,I am underwriting an acquisition of an apartment portfolio in San Diego. It is a unique opportunity to purchase from a distressed seller with almost all units completely renovated. In a normal world, this wo...
Steve Velez
Changing Property Classification (Apt to Residential multiunit)
I was looking to invest in a multiunit rehab property and I noticed that the listing had mixed messages that it was a 4 vs 6 unit property. So I looked it up on the country property records and noticed that it is cla...
Syed Lateef
Changing Criteria on Multi-Family Property Chicago
I am leveraging a 5% down first time home buyer conventional loan for a multi unit property in North side of Chicago.My max loan amount for a 4 unit is $800K (the rents from the units i am not living in get added to m...
Account Closed
Changed conditions on offer - homicide on property?
Hi all, I submitted my first offer for an investment triplex in a developing area of Hamilton, ON (Barton Village). The area is still on the rough=ish side, but doesn't look too bad. I've only been there once.Anyway, ...
Debra Gross
Need Advice on Price Change of Property
I am working with a realator who presented with me with an off market property. 4 Plex, Class C neighborhood, being renovated, with rents of 3200.00/month post renovation. I haven't seen any pictures of the renovation...