Hello all, I have a question I would appreciate your insight and advice on. We have found a house in Orem that has a legal accessory apartment (2 bed 1 bath) attached to it. Our plan is to live in the attached apartme...
I was not able to rent a unit this month. In 20 years I don't recall a MtM tenant leaving on Jan 1st, so I guess it's not a huge issue, overall we have a low vacancy rate. We usually let tenants go MtM after 1 year, f...
I have a question re: consequences for a property management company and parties involved in a fraudulent transaction. What potential penalties would exist for a licensed property manager / firm who engaged in the fol...
So, I have an interesting situation here that I've never come across before and could use some additional insight from other's experiences. I have a client who is buying a Duplex with intentions to make his primary r...
I am wondering if it is possible to set up a legal self insurance company for rental property insurance? I am not talking about just dropping coverage and taking the risk, and I am not talking about dropping insurance...
I am hoping someone has experience or insight into converting a two unit condo building to a legal duplex. I am familiar with the duplex to condo conversion but I am having a hard time finding any information the othe...
Hi guys, I am looking to buy my first property and yesterday this one popped up on Zillow. I would be doing a house-hack a therefore living in the efficiency (Not legal) unit and renting the 2/1 and 1/1 units. What ar...
Hi BP Friends! I'm considering a SFR purchase in the city. The downstairs "unit" (where the seller currently lives and will leave after sale) is unwarranted and unpermitted. There's a kitchen, bathroom 2 rooms and liv...
There is a property I am looking at. has 2 detached buildings. One of the buildings has a 3 car garage on the bottom, and a 2br +1 bath above it. The tenants do not use the garage. Is it possible to convert the 3 car ...
I'm in the 10 day inspection phase of buying an owner occupied 3 family in New Haven CT. An inquiry to the city revealed it's a 2 Family. Has been rented as 3 and taxed as 3 as far back as we can tell (mid 80's). Ever...