All Forum Posts by: David Bowen

@Russell Brazil I was also wondering about how to communicate directly with an unrepresented seller in a potential "off market" deal since that's something I've never done. Besides disclosing my licensee status, how should I proceed?

@Kenneth Reimer, @Leilah DavisI realize this is an older thread, but I have a few questions regarding this scenario. Any other things to keep in mind to make sure you are being ethical while communicating with an unrepresented seller? Is there a standard disclaimer that I could use in this scenario saying that the transaction has nothing to do with my brokerage and I'm no acting as an agent? Or did you hire an attorney to write one up for you? Thanks!

I have my eye on a a single family residence with an in-law suite and large finished basement and would love to find out how to turn this property into a duplex or triplex. Anyone have any experience with this process. Is this plausible? What all would be involved. Would I have to get a separate tax ID for all units? Separately metered? zoning considerations? Any feedback would be greatly appreciated. 

@Stephen Kehoe 

I definitely wish I would have a few years back when I was single. We've thought about renting out a room but I think we would feel much more comfortable having a little separation from any tenants. Ideally, would like to avoid sharing common spaces as much as possible. 

Thank you for the info about the different local zoning regs. Is there a source you could refer me to read up on the specifics? 

Hey BP community. I'm a newbie investor from Columbia looking to make my first primary home purchase and turn it into a house hack with my fiancé. I know multifamily is hard to come by in the area so I figured our best bet is to look for a single family home with a finished walkout basement and rent it out as a separate unit. Then down the road, move out and rent both. 

My fiancé works in Columbia so we would like to be within 30-40 mins from here max. I have good relationship with a contractor who works out of Frederick. I love this area and also love the idea of eventually working with him to flip/brrrr out that way. Therefore, I'd love to find something that would make sense in Howard, Carroll, or Frederick County where I wouldn't be too far away (perhaps near fort Dietrich or fort hood as they might be areas that draw good tenants?).

Being a BP newbie, I guess I'm looking for someone familiar with the region to offer advice on what factors to consider when looking for a house hack in these areas. Also, not sure if I should be aware of any specific local tenant or zoning laws in these counties that would potentially hinder my goals. Thanks in advance!