
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?

10 January 2025 | 13 replies
Check out https://www.biggerpockets.com/renewsblog/2013/10/1...

1 January 2025 | 6 replies
She said she has requested a check out of her 401K to cover rent but doesn't know when the check will arrive.

13 January 2025 | 31 replies
To find DFW meetups, check local real estate investment associations (REIAs) and Meetup.com.

2 January 2025 | 9 replies
That said, check CHA’s payment standards for your unit size and area to see how they align with your target rent.

2 January 2025 | 29 replies
@Ken P. you can check state licensing here: https://nmlsconsumeraccess.org...

4 January 2025 | 20 replies
.* Additional Charges: Jenny requested that I deposit on her checking account an additional $20-25k for her to purchase furniture, which I refused because I thought it was very strange, opting to give my card # instead.* Work Quality: Jenny never showed up to the house, she sent 2 people instead, she never mentioned she would not show up herself, she never asked for approval to send two others instead, they did not complete the job, and there were multiple unauthorized charges on my card.* Receipts and Expenses: Once I brought to Jenny's attention that we were 20k above budget, she refused for days to give me the receipts, saying that I needed to give her my credit card statement first.

6 January 2025 | 31 replies
Many laundromats take card payments these days, which is very helpful in verifying revenue.Look at the lease terms – long-term leases with reasonable rent increases are important for keeping costs predictable, and can also be important for securing financing.Also, check out the equipment and figure out what repairs or upgrades might be needed in the near future.