Victor Steffen
What issues are common in your market?
2 February 2023 | 2 replies
(landlord regs, construction quality, financing, MLS issues, not-so-common common practices) A few personal examples:-upstate NY: purchase prices too low for a bank to lend on-central TX: foundation settling in almost every property-San antonio TX: non-permitted accessory dwelling units-Cleveland OH: is every property locked up by a wholesaler?
Kevin Z.
Commercial lending on 4-plex w/ two ADU units (6 units total)
7 February 2023 | 21 replies
I have heard mixed answers to the question of if I build these two accessory units, will I have to use commercial finance going forward, and or will this limit my buyer pool to those with commercial lending?
Ryan Dukelow
Calculating Cashflow
1 December 2014 | 21 replies
. ;-) While we have shorter terms, we also have lower interest rates (we just renewed a 5-year variable residential mortgage at 2.4%)I speculate that the tenancy towards accessory apartments by Income Property is because the show is aimed at homeowners, not investors/land lords.
Jim Gallagher
How to Turn a Single-Fam. Home into and a Duplex by Adding an ADU
6 December 2017 | 5 replies
As one means to try and add to units to the housing market the State of CA now allows for "Accessory Dwelling Units" (ADU's) in many places.An ADU is a secondary dwelling unit with complete independent living facilities for one or more personsand generally takes three forms: Detached: The unit is separated from the primary structure Attached: The unit is attached to the primary structure Repurposed Existing Space: Space (e.g., master bedroom) within the primary residence isconverted into an independent living unit Junior Accessory Dwelling Units: Similar to re-purposed space with various streamlining measuresThe rules around ADU's can vary from city to city but in general ADU's are allowed in many zoning districts that are zoned single-family; they are often exempt from many Planning Dept requirements for parking, open space, etc; they often have a streamlined permitting process and typically cost less than building new rent-able square footage.I am interested in getting involved in this type of investing/improvements and would very much like to connect with others who are as well.
Gill Winslow
Tenants from HELL in Cleveland, OH
14 May 2018 | 19 replies
They reply back confirming this and then I text the following"When you read the ad, it states, No Smoking of any kind, No Vaping, No E-Cigarettes, No Weed and No Illegal Drugs.
Steven Groshong
No Applications, Rental Property
12 August 2019 | 26 replies
If you're worried about what a potential renter may do....here's what I did when I advertised on GoSection 8......No Smokers of any kind,....period....no vaping, no marijuana, no e-cigarettes, NOTHING.No Animals or Pets, PERIOD (Of course if someone told me they had a Service Animal then I of course showed them the property because by law I had to).No Evictions, EVERNo Felonies, EVER1st Month's rent is due BEFORE move in.I could care less about their credit score because I know Sect. 8 is paying most of their rent anyway.I also let them know that there will be a background check that THEY pay for through SmartMoveAlso, in the ad it stated that (their portion of the) rent is collected electronically through E-RentPayment so if they don;t have a bank account then they need to have one before applying.Still got TONS of inquiries.
Shane Jacob
Getting Started in real estate
16 January 2023 | 1 reply
When I was in college I would flip cars and car / truck performance accessories from junk yard and list them on Ebay and Craigs list.I own a sign company also and $5K for that business is not enough to do anything, with equipment...
Sebastian Hernandez
Quick ideas on how to freshen up your bathroom without a full ren
21 November 2022 | 4 replies
-Replace mirror -Replace vanity-Replace light fixture-Replace bathroom accessories (toilet paper hanger, towel hangers)
Cindy Tansin
I want to build a detached ADU on my primary residence.
7 September 2022 | 15 replies
Here is another helpful site https://www.hcd.ca.gov/accessory-dwelling-units#:~:text=New%20ADU%20funding%20laws%20effective,low%20to%20moderate%2Dincome%20households.Things to keep in mind:-If you go prebuilt, you want to buy something built to code for your county.
Adam Thies
Looking to House Hack and for a Mentor that I could help
19 January 2023 | 17 replies
Tried to get my wife to do it and she wouldnt share the space.I would also suggest looking into a single family property and adding an ADU(accessory dwelling unit).