Kevin Hawley
Can you replat a large downtown property for townhouses???
Looking to see if there are any examples where a large single story commercial property in a downtown was replatted to allow for the sale of townhouses rather than creating a condominium structure. looking to turn it ...
Ihe O.
An involuntary bailment - obligations?
I evicted a tenant holdover from a property I foreclosed on and in the process he revealed to me that the tenant who preceded him had possessions in the apartments storage unit.I have no idea who this person is and su...
John Barrows
Las Vegas Condominium Bank Foreclosure, Who pays HOA's
I am moving to Las Vegas shortly. I have perused the " Nevada foreclosure laws" but, have not been able to identify how the HOA's are dealt with after I have bought the condominium from a mortgage foreclosed trustee a...
Mike Campbell
Du Diligence period check off list. Do you have one ?
When buying a multifamily with a du diligence period, what is your list of things you are looking for, verifying, double checking and other?Getting close to making an offer, the selling agent said owner wants to know ...
Alicia Kuluris
My HOA wants to stop STR's
Hello everyone, I just received a letter from my HOA titled, "Notice of Proposed Rule Change" that they are looking to put a new rule next month that doesn't allow STR's. Before launching, I checked all the rules and ...
Rich Rodman
Do I let my tenant fix an AC unit?
It's summer in Cleveland which means it's nice and hot outside. One of my units doesn't have central air but rather has a few AC units. My tenant found one of my old AC units in the garage (I have it in case I need pa...
Account Closed
Bubbles and Crashes in Residential Real Estate
There is increasingly frequent chatter about a real estate bubble and impending crash. I think projections like this are often misguided and counterproductive. Here are a few thoughts and I would love to hear what o...
Holly Barrett
1031 Mistake - Oops!
So I made a mistake.We sold a rental property and I assumed that we had to do 1031 exchange to avoid capital gains tax. My bad. I didn't double check for exceptions.$850 later, thinking I was so smart for doing 1031, ...
Patrick Owens
List of cities and states with “Rent Strikes”
So, I have been reading about the areas that have rent strikes and draconian “No Eviction or Penalties” cities and states. I feel that these cities and states have set a new precedent. I would like to leave these ar...
Peter Kozlowski
Recourse for landlords during eviction moratorium?
Hi all, is there any recourse for landlords during this eviction moratorium? I have a 'professional' tenant now who is taking full advantage of this, and I'm wondering what can I do to make up for some of the lost ren...