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Results (10,000+)
Matt Smith Existing Illegal Basement unit remodel and short term rental
5 February 2025 | 13 replies
source_impression_id=p...Here is the code section from the 2021 IRC:Habitable Spaces, Hallways, Basements with habitable spaces and hallways shall have a minimum ceiling height of no less than 7 feet.Bathroom and Laundry Rooms shall have a minimum ceiling height of no less than 6 feet 8 inches.A room that has a sloped ceiling shall at no point have a ceiling height less than 5 feet and no less than 50% of the floor area shall have a ceiling height less than 7 feet. 
Samantha Benz Should I go to BPCON?
3 February 2025 | 11 replies
I highly suggest you go.And it's VEGAS!!!
Michael Braun Billing tenant for damages prior to move-out
5 February 2025 | 4 replies
Strip the floor to the subfloor and paint over it to stain block then just recarpet or put in vinyl to mitigate future stains. 
Tyler Munroe New MA ADU law can be a gamechanger!
21 January 2025 | 3 replies
I was able to rent the garage to a seasoned electrician running his business through there only coming in and out to stock his truck once per day.I hope to be able to convert the second floor into an ADU as soon as Feb 2nd rolls around.
Francis A. California isn’t the only place where insurers are dropping homeowners
25 January 2025 | 9 replies
Sadly, this price-gouging behavior has become the unfortunate new norm in the insurance industry.There's a high likelihood you'll need a broker familiar with surplus lines.  3 weeks isn't much time - if you aren't working with someone already you need to get in touch with someone asap.
Sarah Ali Found potential first property - need help on how best to approach selelr
25 January 2025 | 6 replies
Is it fairly priced for the size, location, quality, and other factors?
Anca R. Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
: A 1031 Exchange can defer a significant amount of capital gains tax, so it’s often worth it for high-value transactions.
Shakthi Kamal Is a min of 2% rent to price ratio needed for positive cashflow in today's market?
6 January 2025 | 2 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
Jerry Nogueras NYC Residents- Which areas outside NYC have you seen the most success for rentals?
27 January 2025 | 6 replies
Getting that first property is exciting—and yeah, NYC is no joke when it comes to price of entry.Honestly, a lot of people I’ve talked to in your shoes end up finding better opportunities just outside the city.
Alishba Choudhry Tips on Comping Effectively
25 January 2025 | 2 replies
If enough buyers do so, the comps will reflect the premium price.