Sentences with phrase «who rent out their units»

Condo owners who rent out their units usually charge a flat fee for rent and pay the condo fees themselves.

Owners of condominiums who rent out their units are also governed by the Condominium Property Act.

Not exact matches

Right now, a host who lives in a unit full - time can rent out spare beds without restriction in San Francisco, and an absent host can do it up to 90 days a year.

The small, furnished condos are popular with out - of - towners who stay in the units when they're in Vegas, and then have the building's management company rent them out (and arrange cleanings) the rest of the time.

However, the report focuses largely on commercial hosts, who don't live in their units and rent them out for income, raising concerns of possible evictions «if a landlord concludes that they can earn more from short - term rentals than from a long - term tenant.»

Another possibility that has been floated is mandating that in any given development built through a rezoning, some units would have to be reserved for tenants earning below the targeted AMI, but could be balanced out by renting others to those who make more.

In reality, the site has also become a platform for people who rent out multiple units to tourists year - round, diminishing the available housing stock and reaping tremendous profit.

«Every day I hear from New Yorkers who are sick and tired of living in buildings that have been turned into illegal hotels through Airbnb because so many units are rented out to tourists, not permanent residents,» Rosenthal said.

BROOKLYN — A Crown Heights landlord who left tenants without heat in the winter and exposed kids as young as 6 to toxic amounts of lead dust to get residents out of his 14 - unit apartment building so he could charge more is proof the city's rent laws need to be strengthened, Attorney General Eric Schneiderman and Mayor Bill de Blasio said Wednesday.

Councilman Jumaane D. Williams also lashed out at Mr. Cuomo in his praise of the RGB, writing in a statement that the vote sent «a clear message that the City of New York is determined to provide relief for its residents, unlike Governor Cuomo and Albany who recently enacted detrimental rent laws that could eliminate approximately 90,000 affordable housing units due to deregulation over the next four years — units that do not just provide an affordable price point for tenants, but offer protections against arbitrary evictions as well.»

The Democrat - supported bill — which already passed in the House — would affect the many landlords who own buildings with single room occupancy units and prefer to rent them out to tourists rather than low - income New Yorkers.

Anecdotal evidence suggests the vast majority of pre-construction sales are to investors who intend to sell the units on completion or rent them out.

It's our understanding that the victims of the fire and people who were being let out of their leases in the other building were not only getting their deposit and prorated rent returned, but checks for $ 1,000 per unit.

For instance, an investor who buys a six - plex and lives in one unit, while renting out the other five, can not shelter the capital gains earned on that property by using the principal residence exemption (PRE).

What's really funny is that she was trying to build up a pro - buying / anti-renting argument, but was bombarded by hate comments (most likely from condo owners who are trying to rent out their units as income properties for profit), because they thought she was devaluing rental prices and premiums in downtown Toronto.

Lee developed a relationship with her landlord, who in turn gave her free rent for the second floor of the building in exchange for renting out his unoccupied units.

The condominium has to then enforce that rule against the owner who is using Airbnb to rent out their unit on a transient basis.

LISA's business lease AI tool (also known as a commercial lease) is perfect for Landlords, such as commercial property owners and business property entrepreneurs, who are looking to rent out a standalone property or a business property in a building with multiple commercial units, and business Tenants needing the ideal premises to trade and / or work from.

It's our understanding that the victims of the fire and people who were being let out of their leases in the other building were not only getting their deposit and prorated rent returned, but checks for $ 1,000 per unit.

One is strictly investment and the other is, do you ever represent buyers who are looking for like, a three family that they're going to live in, but then obviously rent out the other two units.

Yes (duplexes)- Jean K ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ I have a few relatives who purchased a duplex and rent out the upper or lower unit

I renovated the two vacant units and want to rent the other 1 - bedroom out to someone who qualifies for Section 8 as well.

They involve a more sensible ratio between owners who live in their condo units and those who rent their units out.

If your garage is that nice, seems like the highest and best use would be either 1) Convert it to a 4th unit would be the best return or 2) rent it out to a contractor or someone who needs a nice place to store supplies, tools, etc. and you could probably get above market rent for it and not have to put in any cash to remodel.

Smaller buildings, single - family homes and stand - alone units (condos, townhouses) are often owned by individuals or landlords who rent out these properties as a livelihood or as a side business; these properties may be marketed and rented by their owners or by a management company or agent the owner has hired.

As summer approaches, some people who currently own houses and condo units in Toronto will be thinking of renting them out.

Grunnet, whose firm specializes in sales and rentals of urban condos, said the stock of available units downtown is so tight that he often runs down the list of owners who are renting out their units to see whether they would sell.

He says many of the biggest apartment owners use CoreLogic's Leasing Manager, while many medium - sized landlords, who might rent out 100 to 300 units, use AppFolio.

They who started out renting 1000sf apartments and then brought us the monster homes will refuse to go back to a unit no larger than their master suite.

And as a former apartment manager in Seattle (one who leases and turns over units) I'm appalled at the condition of the places rented out in NY.