Kash Tacke
Turn a detached garage into an ADU?
8 January 2025 | 6 replies
Well, I guess this says it as well as I could.This growth in ADU establishment goes hand in hand with progressive changes in Michigan's zoning laws.
Ilina Shrestha
First time investor- lost & confused
17 January 2025 | 5 replies
Yes, Oklahoma is a great market to consider, especially for multifamily properties:Affordability: Oklahoma City (OKC) and Tulsa have duplexes and small apartment buildings within a reasonable price range.Landlord-Friendly Laws: Makes property management less stressful.Stable Cash Flow: Properties in Oklahoma often meet or exceed the 1% rule, providing consistent rental income.Growing Economy: Both cities are seeing population and job growth, boosting demand for rentals.Tips for Getting Started:Do Your Homework: Use tools like BiggerPockets calculators to analyze deals and ensure cash flow.Focus on Neighborhoods: In OKC, check areas like Yukon, Edmond, or Midwest City.
Steven Hsu
CPA in Dallas, TX
3 January 2025 | 5 replies
There are a couple of unique tax laws to real estate investors - 1031 exchange, bonus depreciation on certain improvements, Qualified Opportunity Zones, real estate professional status, etc.Make sure that the accountant you interview to understand the above concepts.best of luck!
Briley Roe
Hello BiggerPockets! New PRO here
2 January 2025 | 3 replies
My daughter and son-in-law have settled down in Abilene.
Yamil Naf
Seeking Advice: Raising $160K for a Second Short-Term Rental Investment in FL
15 January 2025 | 9 replies
So if, for whatever reason, laws change and you can't rent it out on Airbnb, etc, it still cash flows if you need to rent it out to a traditional long-term tenant.
Derek Farmer
Fix and Flip plan
10 January 2025 | 18 replies
Hoping that my brother in law will be able to build and manage a contracting team.
Victoria Lebedeva
Mobile park FL question
3 January 2025 | 6 replies
Florida is a unique state for MHP law and the insurance has gotten very expensive there too.I recommend checking out @Frank Rolfe's mobile home university content if you haven't already.
Dionte Griffin
first deal advice
3 January 2025 | 3 replies
Duplex can always add additional units via the ADU laws. 8) Related to number 1, purchasing a property with an existing ADU is cheaper than buying a property and adding an ADU.
Rebecca Gona
New to STR -Excited but scared- need to learn!
17 January 2025 | 8 replies
Pick up the phone or stop by local code enforcement offices to make sure that you have a crystal clear understanding of local laws and regulations.
Hudson Filippi
Using FHA Construction to House Hack?
17 January 2025 | 7 replies
So I could hypothetically include a studio apartment above the garage and rent out the main house and be within the law?