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20 October 2024 | 15 replies
There are some areas in Ormond and some in Daytona, but you need to make sure you follow the rules, or they will come after you.
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20 October 2024 | 147 replies
Technically they aren't breaking any rules as long as they're not specifically promoting themselves.
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17 October 2024 | 21 replies
Assuming you meet California code and a few other rules, granny flats can always be placed in a backyard in California.
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17 October 2024 | 9 replies
I feel like I e read before that 25% of net profit is a good rule of thumb to set aside for those taxes, but what have you all found to be true?
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16 October 2024 | 4 replies
three quote rule but also make sure they are familiar with that area and jurisdiction.
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18 October 2024 | 2 replies
If they have any rules about short-term vs. long-term rentals, you’ll want to know upfront to avoid headaches.Also, keep an eye on tax implications – renting while living there can open up some sweet deductions. :) Sounds like you're setting yourself up for success!
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18 October 2024 | 6 replies
Hone your Excel skills by creating pro-formas to practice your 1% rule underwriting while never touring a single property 4.
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17 October 2024 | 4 replies
While completing a Cost Seg study, they were very resistent to me using 6% and because of time-sensitivity, I decided to default to the "rule of thumb" method that you mentioned and used 80/20.
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17 October 2024 | 3 replies
Each area has different rules, so it's crucial to get this cleared up early.
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19 October 2024 | 4 replies
I think the one DETACHED 2 bed 2 bath ADU that is being built off a converted garage + extension is perfectly OK and there is no question there.I think the grey area is around how you go about turning a 5 bed 3 bath existing living unit that is currently the downstairs of the main structure, into 2 2 bed 2 bath units, one of which is classified as a main unit and the other classified as a ATTACHED ADU.I have heard there are some rules disallowing converting existing living space into ADUs that may make this difficult.