Kiril Nikolaev
Anyone have experience converting Duplex to Triplex in Oshawa?
8 December 2024 | 2 replies
All the bylaws, building codes and fire codes can be found on the city website.
Hector Espinosa
Seller Financing Advantages and Disadvantages
10 December 2024 | 5 replies
Quote from @Hector Espinosa: Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing terms:House Price: $330,000.00 USD (Sellers still owe ~$301,000 USD)Down Payment: 5% = $16,500 USDLoan Amount: $313, 500 (Monthly payments will be amortized as a 30 years loan)Interest Rate: 4.531%Balloon Loan Term: 5 YearsMonthly Payment (P&I): $1,594.24Closing Costs: ~$3300 Zip Code: 74105Observations: * HVAC requires an update but pending to inspection (replacing with a new one will cost ~$10,000 - $15,000 USD ) * Expected Rent Income: $2,000- $2,300 but this is has been really complicated to get a good estimate because is all over the place in the different sites I have checked
Jaskanwal Preet Singh Chhabra
Permitting for adding more rooms without changing sq ft
13 December 2024 | 13 replies
They're not going to add much cost to the permit and you want to make sure everything you do is up to code.
Jessica Wix
Long Term Investment Property 4
1 December 2024 | 0 replies
We added some instant value to this one, changing fixtures, adding accent walls, and altering kitchen cabinets.
Amy Scarborough
Getting back into it! Changing Property Managers
10 December 2024 | 1 reply
My property is in the Homewood/Vestavia area...35216 area code.
Dan H.
Can cabin on owned land be comped with cabin on leased forest service land
4 December 2024 | 4 replies
I have been interested in buying a laundromat but have been hesitant thus far because the only ones I have found have been on leases and I’m worried about investing hundreds of thousands of dollars into something that can be terminated or significantly altered with the end of the lease.
Peter Albert
Canton Ohio a good area for investing ?
19 December 2024 | 21 replies
It still is very possible to find properties that meet the 1% rule without much difficulty; but it’s also tougher now to find a mortgage for anything valued under $100k – regardless of condition or P&L.To me, the shenanigans Code Enforcement continues to play on a new owner after a sale plus the recent increase on the annual rental registration fee really discourages buying more in the City.
Gp G.
Move HVAC package unit near crawlspace to split unit on to attic
8 December 2024 | 2 replies
Hope no fire hazards or code issues or noise issues or electric shock etc. by doing this project.
Robert Welsh
Promo code assistance for free book offer
24 November 2024 | 3 replies
I used a promo code provided at the end of a webinar and paid for one full (discounted) year after attending "The 90 Day Challenge" with Dave Meyer.Attendees who purchase the Pro membership are supposed to get the "Real Estate by the Numbers" book as well.
Kerry G.
What are good resources for short term rental laws
5 December 2024 | 10 replies
I would start with the code & zoning department for your community