Yaroslav Shtogun
Lot split with house on the line
8 January 2025 | 8 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?
Divya Sosa
Tenant lied on rental application regarding criminal history
6 January 2025 | 13 replies
If the tenant hides something or lies and I discover it later, that is grounds for termination.
Janea L.
AI and REI
29 December 2024 | 17 replies
I do an AI for REI seminar and just discovered a new tool I'll likely test out soon.
Lorenzo L.
Graduating college soon, should I stay in Boston, or go to Miami?
17 December 2024 | 1 reply
Hello, I am graduating soon and I have the opportunity to either stay in Boston or Miami.
Dustin Wheeler
New member exploring real estate
13 January 2025 | 10 replies
Try not to get overwhelmed as there’s a lot of information on BP and many avenues within real estate investing.When I was starting out, I was interested in so many strategies, but I discovered that I did my best when I focused on one or two and really built my knowledge around them.
Benjamin Aaker
Cash on cash return: new mystery of the underwriting cosmos discovered?
8 December 2024 | 0 replies
Have I just discovered the secret to getting rich in real estate?
Leeling Chew
Tenant stays for two more weeks.
18 December 2024 | 5 replies
If she's staying another 2 weeks, charge her what the rent would have been for Jan.
Elijah Berg
36% Rent increse Two weeks Into First duplex as a 19 year old Investor
4 January 2025 | 23 replies
while leaving with happy tenants who will stay!
Dominic Mazzarella
Turning Challenges Into Opportunities: How I Saved My Multi-Use Property Sale
13 January 2025 | 0 replies
We discovered problems that required a lot of work and significantly reduced the property’s value, forcing me to lower the price.
Vinny Muli
Tapping into equity on my property that is under an LLC
3 January 2025 | 19 replies
Payments stay lower, cashflow better and it'll boost your balance sheet not to mention lower risk when things go awry.