Yaroslav Shtogun
Lot split with house on the line
20 January 2025 | 16 replies
However, after receiving the survey results, I discovered that the house is located less than 1 foot over the sublot line (see attached image).Here are the options I’m considering:Rent the current house for market value (~$1,500–1,600/month) and convert the detached garage into an ADU to rent for ~$1,000/month.Relocate the house to split the lot, then sell the newly created lot (~$100,000) while renting out the existing house.Relocate the house to split the lot and build a new home on the second lot.Demolish the current house and garage, split the lot, and build two new homes.At this time, I am uncertain about the cost of relocating the house.Questions for the community:Has anyone faced a similar situation?
Lauren Merendino
Rental Market ID - What do you prioritize?
18 January 2025 | 1 reply
So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.
Rhonda Blackwell
Looking for out of state investing in-person meet ups
25 January 2025 | 5 replies
I tried attending some local meetups, but like you mentioned, most were focused on investing locally or a random mix of different strategies—fix and flips, short-term rentals, you name it.
Spencer Ware
Retired NFL Player 2x SB Champ
23 January 2025 | 47 replies
Your "books" are equivalent to the image below.
John Voychick
Do not use Suncoast Property Management in Jacksonville
25 January 2025 | 31 replies
I just got another random $475 bill from them.
Francis A.
California isn’t the only place where insurers are dropping homeowners
25 January 2025 | 9 replies
They use technologies such as drone flyovers, infrared imaging, and LiDAR.
Laurence K.
Police Bodycam footage
10 January 2025 | 5 replies
If the case was substantial, I would imaging your lawyer could subpoena the officers to have them testify to what they witnessed.
Casey Graham
11 Doors, 13% Stabilized Yield, Town of 13,000?
23 January 2025 | 15 replies
I'll save you the details but...Per door cost: $63,300All in Cost: 700kTotal Revenue: 137k(ish) annuallyNOI: 65-73% (in the expenses we included: insurance, taxes, $75/month per door repair expense, management fee 8%, grass cutting, & a misc fund for random crap business license, etc.)Now...
Levi Cartwright
Looking to buy first rental!
6 January 2025 | 7 replies
i would not buy a random property in Alabama that you find on Zillow and turn it over to people you've never met just because the price point is appealing.here are some threads on how that can go:https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/48/topics/1137397-balti...i own property in 3 states - happy to answer any questions you have.
Greg Grisez
Tenant shot & in the hospital
11 January 2025 | 18 replies
It's very rare that somebody just gets randomly shot 9 times by a stranger.