 Has anyone ever broke their lease? |
| I have an apartment that I didnt pay a deposit and didnt pay for the first month. I thought I could handle the rent but now I know I cant. My rent is past due, I have no credit history except for my ... |
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 I didn't dispose or move my recliner from my apartment?!! What will happen? |
| Okay, I cleaned everything and the apartment is in decent condition. I moved everything with the exception of a blue recliner. I couldn't move or find someone to take this stupid blue ... |
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 I am being told i have to move ,because the house i have rented sold.but i am on a 12 month lease ,and the le |
| and i still have till july,very confused ,they say we need to move in feb,because the new owners want to move in.What to do?... |
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 I want to move in with my girlfriend. Her landlord wants to raise the rent. Can he? |
| I live in Brooklyn, NY and want to move in with my girlfriend. She told the landlord, and now he wants to increase the rent. Can he do this legally? She has previously signed a 1 year lease.... |
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 Reverse Mortgages are not available to me until I am 62 years old. Is this age discrimination? Why not? |
| Equal protection under the law and other American principles should allow adults of any age to participate in any economic activity. I wonder if this has ever been challenged legally.... |
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 Why isn't anyone talking about the real reason for the home mortgage defaults? |
| Everyone with common sense knows that the reason for so many bad loans being granted in the first place was that banks were forced by the government to give proportional loans to all people, ... |
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 I'm on a month to month lease and the landlord gives me approx. 2 weeks to vacate. Is this legal? ? |
| My landlord gave me a notice on aug 14th to vacate the premises by sept 1st. the notice states that my lease expired on march 31st and will not be renewed. The reason for violation is that I have ... |
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 I'm buying my 1st home,it's built in '53? |
| It has very minor upgrades done on it and I want to know what things should I be aware of ( specially during inspection) or be concerned about? It's in H... |
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 Signed lease states tenant responsible for first $100 of repairs caused by normal wear & tear. Is this legal? |
| Supposedly anything that comes up I am to pay for the First $100 of repairs, or anything under that amount. Is this legal despite the fact I've signed the lease? In a home where fixtures ect are ... |
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 Is it possible for real estate to go down, or flat forever? |
strating right now. have it go down, or flat and never go up in value ever again?
real estate has cycles. i believe in 5-20 years from now, in the long term real estate WILL go up and the ... |
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 I'm shopping for a mortgage!! I want to use lending tree or one of the online comparison sites ...? |
| This is my 1st time buying a house. I want to make an informed decision, and obviously I want a great rate! How can I do this without affecting/lowering my FICO score because of all of the companies ... |
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 What do you think of this house? |
| Below is a link to a house ... its a home video. What do you think? Should I buy it? Its sitting on 4 Acres of commercial/residential property ... probably would appraise for 130,000 --- buying for 45... |
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 Should a FHA mortgage good faith estimate for closing cost be over 11,000 on a 243,000 house? |
| I finally found a great home and after the contract is signed my mortgage lady gives me a good faith estimate of 11309.07 She said FHA loans are typically higher.is this true.Should I be looking for ... |
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 Can i sue my landlord? |
| Since i've lived in this house(over a year)there has always been a problem with the heating. I wanted to have British gas come out and send him the bill but he said no and got these gas people ... |
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 Removal of personal property from a rental property? |
| I had bought and installed a chainlink fence around the front yard of the house I'm renting. Now the owner has filed bankruptcy and the house has been sold. I want to take my fence with me ... |
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 I'll be 18 august 24 2008? |
| i plan on moving out in November during thanksgiving holidays while i'm not in school. i plan on getting a 3 bedroom apartment it will be me, my boyfriend, my friend, and his little sis moving ... |
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 Major problems with house sale!!!!!!!! Please help.? |
I have sold my house. Offered on the one I want.
The first time buyers came back to me and got me to reduce the price (after the survey) I didn;t want to but because I want the other house did ... |
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Brian F | Is it legal to live in my basement and rent out the house? |
Hi,
I am a single person with a five bedroom house with a partialy finished basement. I was thinking of completing the basement, putting in a bathroom and kitchen. I would then live there and rent out the upper two floors. Is it ok to do this or do you need permission from the town. I live in West Paterson. I mentioned doing this to my brother-in-law who lives next door and he went nuts, saying it is against the law, this is a single family neighborhood, what's wrong with me! What's wrong with me is having to spend all my money trying to keep a large house. Any feedback would be greatly appreciated! Also why the hostility from the neighbor? |
 |
 
Iritadragon
 |
If you put in a LEGAL basement apartment....that means all renovations are done under permit and inspected....the town will gladly up your taxes to allow you to register your rental unit.
It is a good way to carry the majority of the cost of the house, because you even get to deduct certain things from your taxes (and I suggest you get a professional accountants advice on that).
Being a "family neighbourhood" DOES NOT preclude renters. I assume that since it is a 5 bedroom house, you would be looking to rent it out to a family anyway?!
Ask the town the laws for your area, and if they say it's okay to do this, then go ahead and do it. Your brother-in-law can always move. |
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Rex
 |
You have to make sure your house lot is zoned for multiple families. Otherwise, your brother in law is correct, it would be illegal for you to rent out part of your property.
If you live in a decent neighborhood the hostility comes from there. Renter bring down the quality of the neighborhood. |
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odin26_2000
|
He just doesn't want renters in the neigborhood. Check with the city and see what they have to say. |
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Gin
 |
Forget the basement! Rent out 4 of the bedrooms,at 350 a month each,plus a share of utilities. Give your renters full range of the house.Keep a bedroom for yourself.This is a very common practice here in CA,since mortgages are really high.People have to do this just to get by.Only do this if you can stand living with other people.As far as your brother in law is concerned it is none of his bees wax! It is your house,and you are the one that has to pay the mortgage not him.Next time he says something tell him that if he pays your mortgage then he can tell you what to do with your house.Goodluck! |
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lordsithscott
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I wouldnt listen to your brother-in-law and check with your county. It is your house and you should be able to rent it out if u want to |
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Colin
|
Two recommendations -
1. Definitely call the local township office and find out if renters are permitted -- not all towns allow this.
2. I assume you have substantial value tied up in your home. Credit and background check the people who will be renting from you and be sure it is in the lease that they have renter's insurance. I would also recommend that you carry an umbrella policy from your insurance agent. This is very cheap protection and covers you over and above your homeowner and auto policy. Good luck. |
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De
|
Well, I would seek your local laws within your area... I wouldn't see why not it makes sense to me as to why you are doing it...... but the hostility may be that you may not get a great person to rent... So make sure that you get a good written contract to have your up stairs... |
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Jay S
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Before you commit to the remodel, check the local zoning codes to ensure you can have a legal duplex on your lot. The city planner's office is a good place to start. Secondly, check your CC&R's, the rules set by your home owner's association if you have one. If you can't find yours, call your HOA or a local Title company. If a duplex is allowable and you have no CC&R against it, I say do it, but be sure you get the necessary permits for your area. This can be a good investment strategy. |
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HA HA at you!
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Walmart will prevent this. |
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