Guan Hong Guo
Income Criteria for Multiple Occupants
Seem like a silly question but I'm renting out my first rental in the Bronx. For applicants with multiple adult occupants, do you take the combined income for everyone into your income criteria? For example if rent is...
Chris Miles
Certificate of Occupancy in Philadelphia PA.
I have sold a condo in NJ that did not require a Certificate of Occupancy. Does Philadelphia require COs for condos? What about purchasing a multi-family property (2-4 units)? I know a realtor will be able to answe...
Habib Sanusi
Use and Occupancy Permits Baltimore City
Hello BP,I am in the process of purchasing a 2 unit townhome (legally zoned R7) in Baltimore City MD 21213. The property is currently modified to accommodate two families but there are no documented permits for the m...
Rob Terpilowski
Recommendation for Occupancy inspection and BPO
Looking for peoples' recommendations for a firm that can check the occupancy status of a property as well as a firm that does BPOs (doesn't have to be the same company). The property location is in Evansville Indiana...
Jesse Frageman
Owner-occupant Cash on Cash Return
Hello,
I am in the process of beginning to search for a 2-3 flat in Chicago that my wife and I can live in and simultaneously rent out the other unit(s). Given we will be living in one of the units, we won’t be colle...
Colby Todd
Cash flow on first owner occupant.
Hi,I am getting ready to make my first investment, and scouring through a few markets in the area for a 2-4 unit house. I plan to occupy one unit with my family. I have been mainly coming up with homes that will reduc...
Mark S.
Targeted Occupancy for Multi-Family Syndication
What is a “good” target for occupancy on a mid-size (50-100 unit) apartment building? I’m invested in a couple of syndication deals where the occupancy had been around 80% as they work through turning the assets arou...
Steven Weiss
ADU and main home occupancy change
Hi all,Found something pretty cool as of August 06, 2018. Property owners no longer need to live on premises when having an ADU. Last I heard as of June - July, it was said you couldn't rent the ADU and main dwelling,...
Oren K.
Cleveland area POS / Occupancy cost summary
Ran across this nice summary of each city in the greater Cleveland area regarding Point of Sale, Occupancy Permits, Inspections, etc. Includes contact information for each city.http://clevelandhousehunt.com/point-of-s...
Richard Rodriguez
tenant wants extended occupancy after closing....
Hi everyone,
I was just curious about what can be done here. I made a wholesale offer to somebody for there condo and they said that there desire is that they can pay off there mortgage and move. My offer is ...