Remove Attorney Remove Document Remove Single-Family Home
article thumbnail

The Importance of an Accurate Rental Application

American Apartment Owners Association

As a legal document, the application includes basic information as well as a series of specific questions that help you decide which applicants are a good fit for your property and which you should turn away. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.

article thumbnail

The Importance of an Accurate Rental Application

American Apartment Owners Association

As a legal document, the application includes basic information as well as a series of specific questions that help you decide which applicants are a good fit for your property and which you should turn away. AAOA recommends you consult with a financial advisor, tax specialist, attorney or other specialist who is able to properly advise you.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Have You Received a Reasonable Accommodation Request in Michigan Park?

Real Property Management DC Metro

Even if unintentional, committing such an offense can cost you years in court and thousands of dollars on costly attorneys. Requesting medical documents is improper, so don’t do it. The Fair Housing Act may be broken if reasonable accommodations are not made. What is a Reasonable Request?

article thumbnail

How to get land zoned for multifamily

MRI Software

Investing in multifamily properties can generate higher cash flow compared to single-family homes and often results in greater long-term appreciation. Each phase demands thorough planning, detailed documentation, and proactive engagement with local authorities and community stakeholders. What documentation do you need?

article thumbnail

Investor’s guide to multifamily real estate syndication

MRI Software

Many seasoned real estate investors began their journey with single-family homes. This involves carefully reviewing the syndication’s offering documents, including the private placement memorandum (PPM), which outlines the investment terms, potential risks, and expected returns.

article thumbnail

How to Value, Buy, or Sell a Property Management Company

Second Nature

A company that has well-documented processes, a strong team, and a healthy client base is easier to transfer to new ownership than a company lacking clear documentation, or that relies heavily on a single key employee. single-family homes) develop deep expertise in that market.

article thumbnail

Essential Legal Considerations for Starting a Real Estate Business

American Apartment Owners Association

No matter if youre an independent landlord renting out a single-family home, a multifamily property owner managing multiple units, or a realtor expanding in property management, launching a real estate business is typically accompanied by unique legal challenges. This makes an LLC ideal for partnerships and also solopreneurs.