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Content provided by Paul Peebles and Michael Becker. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Peebles and Michael Becker or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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ASK MIKE MONDAYS - Michael, What is a LURA?
Manage episode 212379024 series 2394629
Content provided by Paul Peebles and Michael Becker. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Peebles and Michael Becker or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
To promote affordable housing, some older properties may have an income restricted LURA. A LURA is a LAND USE RESTRICTION AGREEMENT. It runs with the deed. This recorded regulatory agreement may restrict the amount of rent you can charge a tenant, based on the tenant’s income. If you rehab a property and are expecting to increase rents to justify the cost…a LURA may prevent you from being able to raise rents in the future. Make sure you ask the seller’s agent if the property has a LURA.
506 episodes
ASK MIKE MONDAYS - Michael, What is a LURA?
Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
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Manage episode 212379024 series 2394629
Content provided by Paul Peebles and Michael Becker. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Paul Peebles and Michael Becker or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
To promote affordable housing, some older properties may have an income restricted LURA. A LURA is a LAND USE RESTRICTION AGREEMENT. It runs with the deed. This recorded regulatory agreement may restrict the amount of rent you can charge a tenant, based on the tenant’s income. If you rehab a property and are expecting to increase rents to justify the cost…a LURA may prevent you from being able to raise rents in the future. Make sure you ask the seller’s agent if the property has a LURA.
506 episodes
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Similar to Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
Bitcoin groundbreakers share personal stories of how Bitcoin is changing lives for the better. Host Mauricio Di Bartolomeo, co-founder and CSO of Ledn, speaks with leading Bitcoin voices, entrepreneurs, and human rights advocates to hear their unique journey and practical real-world examples of how Bitcoin has made a positive impact in their lives. Brought to you by Ledn, a leading financial services company built for Bitcoin & digital assets. Ledn offers a suite of lending, saving and tradi ...
…
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continue reading
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…
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