
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?

20 January 2025 | 7 replies
I am curious to learn from others as well :) I looked at GHL for my CRM but felt like it was full of features I'd probably never use and the cost was considerably more than what I ended up using: Monday.com.

24 January 2025 | 13 replies
The previous owner used it occasionally and rented it out to offset some costs.

22 January 2025 | 5 replies
The seller's LLC pays capital gains tax and depreciation recapture, while the buyer's LLC uses the purchase price as the new cost basis.

23 January 2025 | 3 replies
Considering opportunity cost of not affording more rentals vs paying much more in interest.

12 January 2025 | 20 replies
Going direct saves you and the seller money, giving you a lower cost to entry which helps all your numbers, but you have to put in the extra work to find that deal.

21 January 2025 | 2 replies
I think it was for down payment and closing costs.

9 January 2025 | 10 replies
I decided to look into an official duplex or triplex putting 150K down that has value add with renovations and potential unit add but it wont have as much equity because it will be an on market deal.

11 January 2025 | 19 replies
I have not paid retail for RE in many years and would not in my high cost market (average SFH is ~$1m).

17 January 2025 | 3 replies
•Off-market deals: Creative strategies for connecting with potential sellers and standing out in a competitive market.