I would shy away frompurchasing a building withnonconforming rentAL units.The city can shut you downand make you convert them back and at today's codes.  It can be very expensive.  I  speak from experiance.

I am considering a strategy where I buy a STR in 2023 (do cost seg + bonus depreciation on it), then convert it into an MTR/LTR next year. My CPA said that this has never been done before, nor does he recommend doing ...

Hey everyone!I noticed strange thing on my market. I see some duplexes that people selling with a price by the unit! Not the whole duplex, but  instead they sell Unit 1 - 110k and Unit 2 - 130k etc.Is it legal to sell...

I have an offer in on a house built in 1979 that had a garage conversion a few years back. I'm checking to see if they were required to pull permits and if I would be required to do so as well if I decide to convert ...

I am buying my neighbor house in California under a new land trust name which owned by my LLC. My current rental house is under same LLC. In future if I decided to build and convert both lots to one apartment building...

Hello all! Has anyone in nyc had any experience with the process of converting a rental building into a coop building? I've worked as a property manager for a few different rental operations in Manhattan and the Bronx...

Hi,I exported tax liens list from the county and would like to convert it to mailers, my purpose is to convert them into a wholesale deal.Any suggestions working the list ?I got the list as property ID. Is there a sou...

There's an interesting opportunity here in Chandler, Arizona where a motel is being sold but the agent is marketing it for commercial apartment usage. It has 25 units which mainly consist of 1 beds and studios and is ...

I have a three-plex under contract that each buyer who has seen it has said they like the numbers on and want the property. It is priced at 215K and has rents of $2,050 which are easily increased to $2,500-$2600.

It...

I have a property that I'm struggling to price for sale.  Currently it has a duplex with long-term renters, and an above-garage dwelling unit that was converted from long-term rental into a successfully operating AirB...