Ryan Flake
Help with quit claim process
Hello,
A few years ago, I needed my father to co-sign on a mortgage with me to buy my first home. We decided he would just buy the house instead and I would pay in an unofficial mortgage each month. I moved out of th...
Brian Bonetta
Rentals by room - managing while long distance
In my area, the numbers do not work to rent out a single family home. So I am thinking on renting out the rooms individually ( then the numbers work quite well this way). How do you manage the rental process when y...
Shawn Loftis
Contractor bill issue - legal / ethical advice - Colorado
So - I had hail damage from the May 8th storm. I hired a general contractor to make restorations. We are having an issue over $1800 of non-recoverable depreciation. He thinks I owe it and I don't.Once the repairs are ...
Patrick Walker
Apartments.com Misses Big Time
I used Cozy.co for three years with no problems. The transition to Apartments.com has been nothing short of a nightmare. The lady I spoke with today in support said they literally have thousands of complaints. In my c...
Martin Phillips
FHA Rules about adding more units?
If I purchased a $1,400,00 quadruplex in California or New York with FHA loan, then got permits to add 5 more units do I need to refinance to a Commercial loan? What are the chances they will catch me I was told I co...
Juan Carlos Castillo
Buying a Property with Unpermitted Work
This will be my first property, it was listed in the MLS as a duplex and zoned in multifamily. The issue is when the bank went to the an appraisal, there is only one water meter in the property and they are saying it...
Tony Kim
Applicant screening for tenants with no email
Hello,I rent some of my units under the Los Angeles HIP (homeless incentive program) as well as VASH and Section 8. I'm having trouble finding a background checking service that does not require an email address or a ...
Jordan Spradlin
Converting SFH into Duplex via finshed basement rehab
Hi all,
I just closed on my first home in Leavenworth Kansas and will be house hacking to build my initial portfolio. The basement has already been finished, however, it lacks 2 egress windows for each bedroom and a...
Jordan Gerkin
Buying 2-Flat w/ Not Legal Finished Basement
Hey All! Curious if anyone has insight or experience with buying a 2-Flat property in Chicago with a finished basement that is not technically a legal unit. My plan would be to live in the basement unit and rent out t...
Bob Floss II
Comments on Illinois Wholesale Activity
The topic of wholesale activity came up in a discussion among Illinois real estate attorneys. One attorney shared an email exchange he had with an attorney at IDFPR. I'm sharing here to help keep the community inform...