Nicolas Tow
Re Zoning Property from RS-3 to RT3.5 or RT 4
27 December 2024 | 8 replies
I would also recommend reaching out to a Zoning Attorney and checking to see if they may have any additional insight as to the feasibility of obtaining a Map Amendment in this area.
Christian Bukle
Bigger Pockets Introduction Post!!!
3 January 2025 | 3 replies
As a 100% disabled veteran, I’m exempt from property taxes on such properties, which makes this strategy even more feasible.
Timothy Lawrence
House Hacking Advice (Washington D.C, Nova, Baltimore Area)
8 January 2025 | 11 replies
If it's not feasible due to circumstances I suppose I'll have to adjust my situation (find weekend job, move back to NJ with parents, move to a different state with, etc.)All responses are appreciated, and I am absolutely open to chatting on the phone by the way.My view on house hacking is it can be a great tool to buy a house you could not otherwise afford, but it shouldn’t be a goal in it of itself if that makes sense and that’s not to discourage you from investing just there are alternatives such as the stock market. so I’d start by asking where you want to live, do you want to own a single family home or does it make more sense to rent in a more interesting neighborhood like Arlington, Alexandria, that’s gonna be a personal choice, Will your monthly payment actually be less than renting/how many people do you need to get in the house to afford that?
Colby Burns
Omni Key Realty insight for investors in North Texas.
3 January 2025 | 5 replies
If an in-person visit is not feasible, we can easily arrange video tours to accommodate your schedule.
Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
Frank Hotard
First Home Issues and Strategy
10 January 2025 | 4 replies
However, it's feasible for me to hold onto this property anyway and fix these issues regardless.And yes, the mini-split has a unit for each room.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
11 January 2025 | 18 replies
Here are some insights that might help:1031 Exchange Feasibility: Yes, a 1031 Exchange is possible even if they’re purchasing a lower-priced property.
James Wise
Failed Leadership is why California is on fire.
14 January 2025 | 77 replies
It's more feasible than you think.
Cole Bossert
Starting Air BnB Management
6 January 2025 | 7 replies
For many STR investors they have another job or business that it's not feasible to always be available at a drop of a hat.
Anna Nickens
Advice for a Newbie
9 January 2025 | 4 replies
Of course this depends on whether your market makes this feasible or not.