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21 November 2024 | 5 replies
Normally, unless there are specific building code restrictions, the amount of units allowed on a lot is determined by the Floor Area Ratio.
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20 November 2024 | 4 replies
These will allow you to advertise in an area where viewers are actually looking for a new home or apartment.2) boost your listing with a small daily budget.
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19 November 2024 | 6 replies
They allow you to get funds at more favorable terms than with a loan or credit card.
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22 November 2024 | 13 replies
I feel fortunate to find that one and the land its on is up zoned it will allow multi story mixed use commercial and resi and STR and is in the biggest city of the wine country in Oregon so upside along with it..
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19 November 2024 | 4 replies
Doing these two things alone should allow you to go from one or two flips per year to easily doing 5-10.
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19 November 2024 | 26 replies
To maximize the living space, we worked closely with the city to create egress window codes, allowing us to add an additional bedroom, a beautifully finished bathroom, and a family room in the basement.
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21 November 2024 | 11 replies
Your definition is correct for "legal non-conforming".The "legal" part of "non-conforming" is dropped when it doesn't apply so most commonly people call these units "non-conforming", "finished", "in-law suite/unit", or "bonus unit".Non-conforming: Any property that doesn't meet current zoning requirements.Legal non-conforming: A non-conforming property that was lawfully established under previous zoning regulations and is allowed to continue its use.Based on his posts @Mario Morales is referring to a non-conforming unit.
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21 November 2024 | 4 replies
Using a Self-Directed IRA (SDIRA) allows pre-tax dollars to grow tax-deferred in real estate, but limits flexibility due to IRS rules and potential UBIT on leveraged properties.Investing through a Roth IRA offers tax-free growth and no RMDs, but funding limits and restrictions apply.
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20 November 2024 | 6 replies
Talk to your agent to get a little more information about this.I agree that if the unit is not permitted to be rented on its own, then it's probably best that you don't rent on any platform illegally.However, if you are able to allow access to the main part of the house, you may be able to rent the space as a room in a home depending on local laws and ordinances.
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19 November 2024 | 12 replies
I’m all about less is more, it allows me to put more focus on higher priority items.