3 November 2025 | 2 replies
A reasonable modification refers to a physical change made to a rental unit or common area that allows a person with a disability to fully use and enjoy the premises.Examples of Reasonable Modifications:Installing a ramp or grab bars in a bathroom.Lowering countertops, peepholes, or light switches for wheelchair access.Widening doorways or removing carpet for mobility devices.Adding visual doorbells or smoke alarms for tenants who are hearing-impaired.Landlord Responsibility:The landlord must allow the modification if it’s reasonable and necessary.For federally funded housing (like HUD or Tax Credit properties), the landlord is usually responsible for the cost of the modification.For private or market-rate housing, the landlord may require the tenant to pay for the modification and restore the unit to its original condition upon move-out (if the change affects future marketability).The landlord can ask for plans and proof that the work will be done safely and professionally.Tenant Responsibility:The tenant is responsible for paying for and arranging the modification (unless the property receives federal assistance).The tenant must obtain the landlord’s approval before work begins.The tenant may be asked to restore the unit when vacating, depending on state or local law.Best Practices for LandlordsRespond to all accommodation or modification requests in writing and in a timely manner.Keep a Reasonable Accommodation/Modification Request Log for compliance records.Train leasing staff and maintenance teams on Fair Housing requirements.Post a notice or add a clause in your lease about Fair Housing rights for transparency.Final ThoughtsReasonable accommodations and modifications are not “special treatment” — they are legal rights designed to ensure equal access to housing.
21 October 2025 | 33 replies
Quote from @Carlos Lez:The unit is in a far better condition than when it was seen.
4 November 2025 | 12 replies
We replaced the old window because it was in terrible condition but then the code inspector said that needs to be fire rated instead due to its proximity to the fire escape.
30 October 2025 | 2 replies
In my club, we analyze market trends, rent growth, expense ratios, and local job or population shifts, as well as occupancy rates, tenant quality, property condition, cap rate versus the local market, financing terms, potential for value-add, historical cash flow, and projected ROI.
30 October 2025 | 6 replies
Find a handyman or home inspector to go out and assess the condition and have them write up what they see needs to be do.
6 November 2025 | 3 replies
-Signal of momentum: Major infrastructure projects like this highlight continued investment in Charlotte’s urban core — a positive signal for long-term property values.If you own or are targeting properties near South End, Uptown, Dilworth, or South Tryon, this project positions you ahead of future demand growth once the bridge opens.Charlotte-Area ZIPs With the Lowest Vacancy Rates (October 2025)These submarkets are showing vacancy rates below 10%, reflecting strong tenant demand and rental stability:ZIP CodeVacancy Rate28092 4%280125%280526%286777%280818%281158%281348%282168%280369%280379%280279%281059%282179%280789%What this means:-Markets with ≤ 10% vacancy signal tight rental conditions and healthy absorption.
31 October 2025 | 1 reply
I sent an email to the city examiner who confirmed an exception in the code for this exact condition.
22 October 2025 | 2 replies
Only the resale properties that are priced right and in great condition are exempt.
21 October 2025 | 3 replies
They suffer financially while sitting on a solution they don't know exists.The IRS will issue a "Conditional Commitment to Discharge" letter that accepts available proceeds from the sale - even if those proceeds don't cover the full lien amount.
6 November 2025 | 24 replies
Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.Tenant Default: 0-5% probability of eviction or early lease termination.Section 8: Class A rents are too high and won’t be approved.Vacancies: 5-10%, depending on market conditions.Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Class B Properties:Tenant Pool: Majority of FICO scores 620-680, some blemishes, no convictions/evictions in last 5 years.Tenant Default: 5-10% probability of eviction or early lease termination.Vacancies: 10-15%, depending on market conditions.Cashflow vs Appreciation: Typically, 1-3 years for positive cashflow, balanced amounts of relative rent & value appreciation.Section 8: Class B rents are usually too high for the Section 8 program.Class C Properties:Tenant Pool: Majority of FICO scores 560-620, many blemishes, but should have no convictions/evictions in last 3 years.