All Forum Posts by: Braeden Warg

 Thank you for that. i think we will hold off on purchasing the house. thank you for your opinion.

 they offered us to purchase the house subject to, or do a one year lease option to buy. My wife wants to get into short terms rentals and i know 20% takes a while to build up, just figured we could come in and get our feet wet. i did see we have the potential to profit 6-10k unless we could get it to be competitive with those other two rentals.

 I have the opportunity to buy a family members house down at sunset beach nc, the address is 218 azalea circle sunset beach nc 28468. They do have a mortgage at 2100 a month. From airdna it says 34k a year 50% occupancy with a daily rate of 175 a night. However there are two airbnbs in the area one is doing 52k and the other is 47k. Not sure on what amenities they offer. The house has a garage I could potentially turn into a adu or just make the house bigger, can’t confirm that as I haven’t reached out to the city. Looking to host it myself however I would be starting with zero reviews. Where should I start in finding the tenant laws in nc, how should I setup the Airbnb to be competitive with the others. Any tips or information is appreciated. Thank you

Thank you for the clarification and information.

Just bought a property in cabarrus county and turned out the crawl space doesn’t just need a vapor barrier it needs to be incapsulated, with trenches a sump pump and an industrial dehumidifier. Is 21,000 common for these jobs?

The house we just bought is in cabarrus county and currently 1300 sqft with a 200 sqft breezeway. We are looking to open up the wall and then raise the floor and plumb 2 heated and cooled air duct lines to the room. Our contractor said since we might live here for 2 years we don’t need to pull permits. However we are pulling permits to renovate a garage into a adu. I’m wondering if we don’t pull permits for the breezeway addition when we go to refinance will we be able to include it as heated and cooled sqft. Also will it bite is in the butt when the city comes to inspect the garage maybe they see inside and say I don’t see a permit for that. Main thing is I wanna do it right the first time. 

So the property I bought had previous termite damage and we are having it repaired and treated however. The pest company says for termites it will be 995 start fee and then 22 dollars a month. Pesticides are 70 start fee and 40 a month, they will come out 4 times a year. Should I have this service done once a year or have it done every year? 

 Sounds good. Thank you for the insight and I’ll look else where as I’m not looking to do any illegal 

I've come across a property with a basement which i can turn into a separate unit. There's  plenty of parking however when my relator reached out to concord zoning they said it isn't able to be turned into a duplex " which to me means one address instead of two and I cant have separate water and electricity to the units". My relator said we shouldn't go forward because if the city find out we turned it into a duplex the county can take some type of action on us "not sure what that means" "Also i feel like my relator has a legal obligation to tell me not to go through with this because if he said do it anyway i could possible seek legal action on him (ps I wouldn't)".. However through my research i keep coming across this term sneaky duplex where people turn there basements into a unit or block off part of there house to turn into a separate unit. my plan is to use the basement for traveling nurses because you would already have the water and power turned on for them "house is 5 minutes away from the hospital", live in the upstairs for a year and possible house hack one of the rooms. If I can't do this the house loses money big time like 800-1200 a month. Let me know your thoughts and opinions if you have a better route for a first time home buyer let me know.