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5 January 2025 | 24 replies
@Hamidou Keita House hacking by converting a single-family to a duplex is a smart strategy, but requires careful planning.Pros: Offset living expenses, higher rental income, increased equity.Cons: Significant conversion costs (permits, construction), zoning restrictions, living in a construction zone, managing two tenants.Key Considerations:Feasibility: Check local zoning and permitting.Costs: Get detailed construction estimates.Market Analysis: Ensure post-conversion rent covers expenses and there's rental demand.Resources: BiggerPockets forums, local contractors, real estate agents.Have you researched your target property's conversion potential?
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27 December 2024 | 3 replies
Would real estate prices in certain regions rise rapidly due to demand from both local and international buyers?
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3 January 2025 | 12 replies
Are you local and can you oversee renos?
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30 December 2024 | 15 replies
So we restricted local landlords who rent to families, and soon the town will experience the very real repercussion of no one wanting to rent to families and professionals.
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26 December 2024 | 14 replies
Hope to see you around in local real estate events.
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1 January 2025 | 32 replies
@Darrell ShepherdIf you are dodging the processor server, they can just post it in the local newspaper and consider you been served.
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30 December 2024 | 103 replies
We likely need to look for local lender that is keeping loan in house.
3 January 2025 | 10 replies
Make sure to consult a financial advisor if necessary and also consider reaching out to your local credit unions.
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2 January 2025 | 4 replies
Speak with a local Realtor who knows the market, but also is knowledgeable about creative financing options.Good Investing...
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26 December 2024 | 3 replies
That said, complying with local ordinances and ensuring the lot isn’t in a restricted area will be key.