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27 July 2024 | 26 replies
They likely have plaster walls, nothing conforming to current code of course, but not illegal either, and rough basements.
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27 July 2024 | 4 replies
It's also essential to understand local regulations regarding short-term rentals, as they can be strict.
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27 July 2024 | 1 reply
See the below screenshot.If the zoning allows a 3-family, you would need to meet all the rules and regulations in the Building Code as well as the Zoning Ordinances.
26 July 2024 | 12 replies
@Fisher Hudak I think if you did this you would need to rent rooms in the house depending on the local code.
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26 July 2024 | 9 replies
I am very strict when it comes to smoking.
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29 July 2024 | 16 replies
They show on your tax returns, and bank statements.There are many underwriting tools to expose private money ones that claim they don't report to the bureaus- they also sell and securitize the loans so what they told you on the phone is of no value, they get reported.All NonQM standard DSCR loans show on your credit report.DSCR gone bad shows online, in court records and in the curbside view (property appears distressed and attracts code violations/fire inspections and investigations...
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27 July 2024 | 19 replies
Be cautious of cities that aren't proactive in job attraction; too much growth can lead to strict building regulations, affecting housing value.Other Factors- Favor cities with a crime index that has consistently decreased over a decade.- For appreciation, I look for a minimum of 2.5% YoY growth in median house values over the past 20 years but I don't use this explicitly in calculations.
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27 July 2024 | 50 replies
What zip codes are you investing in?
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26 July 2024 | 2 replies
You may consider putting in a keyless lock, and just change the code when a tenant leaves.Cheaper, easier, and quicker
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26 July 2024 | 0 replies
Hello BP, I wanted some help with what some of the best zip codes and or Neighborhoods to invest in/around Charleston?