Housing Wire
JANUARY 9, 2024
A recent survey by Villa noted that some ~60% of rental tenants said that living in an ADU has allowed them to live in a neighborhood they would not otherwise be able to afford — that’s a big deal. Private sale In late 2023, one of the most significant shifts for California residents occurred as Governor Gavin Newsom signed AB-1033 into law.
Housing Wire
JANUARY 20, 2021
Reform zoning laws. Here again, the decentralized network of municipal law has handicapped the industry’s ability to respond to the pressing need for more affordable housing. Finally, we need to renovate our existing housing stock. Since we cannot create more land, the only alternative is to increase housing density.
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Cleveland Appraisal Blog
JUNE 18, 2022
comparable sales, income, and cost), there are many other elements that may apply based on the statutes, case law, and procedural rules in a given state. Before retirement in 2014, Leslie practiced law for 33 years, mostly with Faegre Baker Daniels (now Faegre Drinker), a law firm with national and international offices.
Movoto
MARCH 29, 2024
On paper, it sounds easy: buy a home, renovate where necessary, and after screening prospects, place a well-qualified tenant on the property. While feasible for some, buying a rental property this way is a bit of a gamble as most properties bought under such circumstances require extensive renovation. Connect with a partner.
Lamacchia Realty
JUNE 15, 2021
It is federal law; the Property Transfer Lead Paint Notification must be presented before the sale of a home if it was built before 1978. If a child under the age of 6 is living in the home, it must be taken care of and in compliance with the Lead Paint Law. What is my obligation/responsibility if lead paint is found?
Property Metrics
AUGUST 13, 2020
Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Late payments can create cash flow problems for the property owner, but the situation can be worse if the tenant goes out of business and moves out of the space. Inflation Risk. Interest Rate Risk.
McKissock
SEPTEMBER 28, 2020
High dividends: You can expect that a minimum of 90% of taxable income will be paid to shareholders – the law demands REITs to pay this amount. For example, a group of investors might buy some apartments in Manhattan and renovate them. Examples include issues with your tenants, damages to the property, and others.
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