Podcast Episode 24: “Fourplex Puzzle (Part Two).”
The second part of this podcast mini-series on fourplexes gets into some problems that can arise after the deal closes. When buying a fourplex, or any property with more than one dwelling, you must do at least two things. Number one, check to see that the zoning allows the number of suites. And, number two, confirm that the proper permits have been issued with final inspections done. A real property report (RPR) with the proper zoning stamp is not enough. Checking permits, whose job is this?
Download the audio file HERE.
Download the PDF file HERE.
(control click or right click + save as)