All Forum Posts by: Alon L.

Are you unable to have the LLC listed as an additional insured? I have had no problem getting my LLCs insured.

Just out of curiosity, will the City of LA permit container homes?

My contractor (here in LA) is not even building his own house for that price. How do you know what others are paying?

Make sure you have an attorney on your side to negotiate your lease. I have seen escape rooms operating in offices and retail units, both of which are often subject to use restrictions and other rules that could prohibit you from running your business the way that you would like.

It depends on labor costs and availability of the various trades in your area, but in LA, retail price to hire a general contractor to do that project would probably be about $250/sqft for the new structure and $100/sqft to remodel the existing structure (down to the studs), plus finishes, fixtures, landscaping and hardscaping.

Rahul, The answers to your questions depend on the type of property and what exact business function your potential tenant performs (among many other variables). Please feel free to message me to discuss further. Good luck!

Aaron, Christopher is correct.  I would add to the above that you may need to get a survey done  (or updated if Seller has one) in order to secure title insurance for you and your lender.  Ask about that now so that you do not get surprised later in the game.  Is this property going to remain occupied by any tenants after closing? If so, you (and your lender) will need to review tenant estoppels.  I would recommend reviewing their leases in their entirety, and very carefully. 

Please reach out if you have any questions.  Good luck! 

(Nothing contained herein is intended to create an attorney-client relationship nor to constitute legal advice.)

Are you trying to search MLS-listed properties by lot size?

I second the above comment.  Erin, please find local legal assistance immediately.  Good luck.

Here is a legal bulletin that may help: https://fairhousing.foxrothschild.com/2011/01/articles/fha-basics/exemptions-to-the-fair-housing-act-not-many-but-here-are-some/.

That said, IANYL and this post is not intended to constitute legal advice. You may have a fair housing office in your area that may be able to answer your questions.

Good luck!