Patrick Philip
Who has authority to create deed restrictions?
How can someone (besides the government) tell me what to do with real estate I buy?That would be like someone selling me a car and telling me I can't get the windows tinted. They have no right to tell me that.
Shawn M.
How to remove deed restrictions from property?
I'm looking to purchase a 3-family investment property but the previous owner (not the one selling it now) received state tax credits (in 2000) to complete a rehab. Now the property can only be sold to an owner occupa...
Caleb Shadle
VA for investment property even with restrictions?
Greetings folks!I’m about to PCS to San Antonio for a year and was considering buying an investment property to live in while I’m there, then rent out after I leave.My question is this: since we’re restricted in getti...
Gary Dezoysa
Any restrictions on selling leads to agents?
Hi all;
I'm working out a marketing deal with a real estate agent where I send her leads from various sources. Usually I charge per lead or per sale, but this is restricted in some industries (for example, you can't ...
Kevin Phu
CA-Tenant Terminated Lease Before COVID Restrictions
I have a tenant that submitted his 30 day notice to end his lease which put his termination date at March 31. His employer (US Gov) started enforcing a mandatory telework policy and travel restriction. The travel rest...
Maria G.
Are there restrictions to be an occupant?
What is the advantage of listing someone on your lease as just occupant (vs. tenant)? Can an occupant stay as many night per year as he or she wants? I have an applicant who listed someone else as occupant, but I unde...
Christine Johanns
Detroit. Paint Color Restrictions?? Not an historic neighborhood.
I purchased my second property in Detroit. CUTE and in good shape 3 BR Cape Cod (aka bungalow to Detroit folk) I want to paint it a lovely colonial blue with white trim. Very simple. My agent/Property Mgr told me tha...
Kevin Barker
Freddie Mac Deed Restrictions same as Fannie Mae?
I know that Fannie Mae has the 90 Day deed restriction, but was not sure if Freddie Mac's restriction is exactly the same as Fannie? Also this potential flip opportunity is being sold by a wholesaler. When i asked wou...
Bryan Hancock
Designing Around Restrictive Covenant Risk When Purchasing Land
We have a purchase contract for a lot in Austin that we're planning to build a duplex on. We recently received a title commitment and Schedule B shows an exception for some restrictive covenants from 1948. These wer...
Michael Jackman
Codes/restrictions when converting basement to rental space?
I'm looking at an investment property that has an unfinished basement with the potential of having a three bed/one bath rent-able space. What do I look out for if I were to do this? Codes, insurance, etc.