10 Questions to Ask the Condo Board
Before you buy, contact the condo board with the following questions. In the process, you’ll learn how responsive — and organized — its members are. You’ll also be alerted to potential problems with the property.
1. What percentage of units is owner-occupied? What percentage is tenant-occupied? Generally, the higher the percentage of owner-occupied units, the more marketable the units will be at resale.
2. What covenants, bylaws, and
Today I'm sharing on an important topic that could be of benefit to you or someone you know. I’ve been soaking up information related to Accessory Dwelling Units since December of 2016 and following the ever-evolving morph of legislation since. While the rental income opportunity is obvious, I’m passionate about the flexibility this legislation provides for individuals who want to stay in their homes as they age—offering them an affordable means to do so. In addition, this le