Jeff Brogan
Flippers - WWYD - What Would You Do?
11 December 2024 | 6 replies
If you can hold on till first part of January the showings and everything else should pickup.This would be my action items: 1. hire a new agent that can sell the place, and get you numbers are rent and selling and sell the place. 2. be honest on the numbers you can get on an ARV so that you can sell it 3. start to get the conversation started with a couple lenders on what these numbers on refi would look like for you and this property 4. my suggestion would be to refi/rent before selling at a loss because if numbers work you can hold for a couple years then sell, but this is dependent on your cash position and liquidity of your situation.
Suganya Vinayakam
How much new ADU build increase value of the home in california
25 December 2024 | 60 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.
Ryan Fox
is the structural engineer correct??
17 December 2024 | 15 replies
I think the above are the type of items your engineer wants you to look at.
Jaskanwal Preet Singh Chhabra
Permitting for adding more rooms without changing sq ft
13 December 2024 | 13 replies
You need to make sure that your property is easily financeable if you decide to sell it in the future and any future buyer can call out non-permitted items and actually report you to the building department or, at a minimum, ask for seller concessions.
Wade Wisner
Take Aways from 2024
12 December 2024 | 0 replies
Costs ran significantly over on both of these items and not being in the area it was not possible for me to add my experience in renovations to lowering them.
Marc Shin
STR - pets vs no pets
16 December 2024 | 21 replies
I'd recommend the spread on the return and your ability to replace damaged items (local vs. not local, strength of your team) be the determining factors in that decision.
Tiffany Alfaro
Preparing for Real Estate Investment: Savings, Expenses, and Side Work Opportunities
13 December 2024 | 7 replies
Those two items will vary quite a bit depending on the house.
Jonathan Vinas
Can STRs Work w/ Restrictions In North Nj / NY Self Managed Lake House or Cabins?
24 December 2024 | 25 replies
The local law says that the non owner occupied property being rented will need a designated host that may or may not be the owner however that other line item in the code that stipulates that the host must be available within 30 min driving while the unit is occupied becomes the dealbreaker.
Tekoa Glover
Am I entitled to a denial letter
13 December 2024 | 6 replies
No but if you paid for those items you could get copies of them and use them for a private lender who may be able to give you a loan.
Miguel Del Mazo
What is Santa bringing to your Residents??
11 December 2024 | 2 replies
I plan for a time when they can be there and check in and make sure there aren't any maintenance items they haven't told me about.