Franklin Marquette
RSO Rental Rate Restrictions on Renovated Owner/Occupant Unit
Hello everyone,I am buying an RSO-controlled property in Los Feliz and will be performing a no-fault eviction so I can move in as my primary residence.The property is currently a duplex, with a 2 bed 1 bath on the top...
Ken Nyczaj
How I got my first Residential Contract of Sale signed.
Hey everyone, for anyone starting out I just wanted to give some information and knowledge about how I got my first contract signed. Not closed yet! But signed! Inspection is going on this Saturday.Since the end of 20...
Greg Von Notias
Property Management Company Ripping off my In laws
My inlaws have a 4 unit property that should net around 10K a month. The PM company tell them EVERY month that between 4 and 7 thousand dollars of maintenance/repair is needed. My inlaws say, "well the building is old...
Chase Hawes
Storage building left by previous renter's, wondering how I can c
This is my first rental home. The last tenants of the property had to leave after there lease was up. But long story short they had 3 storage buildings on property which I allowed. 2 of which were repossessed before t...
David Smith
Is green card enough to show multifamily status ?
Green card clearly says it is 4 unit. And the building has four meters for sewer, water and electricity.
In NJ , the state , not city , regulate and inspect the multifamily.
During closing, both buyer and seller a...
Account Closed
Las Vegas lead based paint house
Hi,
I found a property built in 1959 in Las Vegas that I want to purchase.
This is the first property built before 1978 that I'm interested in.
No experience on lead based paint disclosure.
I didn't have a...
Dennis Wasilewski
Disabled tenant requesting ramp
I have an inherited tenant that is currently bedridden. The agency working with him wants to construct a ramp to ease taking him into & out of the unit (3 steps & step up into door). Anything I should request ...
Ralph R.
Wisconsin Subject to deal
Does anyone have a Wisconsin version of a LOAN ASSUMPTION ADDENDUM?or provide more information on documents needed for a subject to deal for a 5 unit building.
Adam Craig
Buying small office building with essentially no cash flow.
I am looking to buy my first commercial building. The plan is to use a very small portion of the building for my new office and rent the rest which could be broken up into 3-6 units or more. Here are details...4862 Sq...
Account Closed
Multiple 'de minimis' safe harbor elections?
Good Morning All! Two questions actually.First, is the 'de minimis' limit for an individual landlord $500 or $2,500? I read Amanda Han and Matthew MacFarland's book and understand (or interpret it anyways) that the li...