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28 February 2021 | 28 replies
@Michael Jackman I spoke to city of Durham planing department and the person i spoke to mentioned it was a requirement install sprinklers but when I spoke to another local Investor the other day who already started building ADU(Attached Dwelling Unit) and the person he spoke to at city of Durham planing department did not say anything about this requirement.
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18 March 2018 | 56 replies
I love BP, but most people write in about their successes and not about what can go wrong very quickly.I started investing in Chicago because it's much cheaper than the New York market, but although property costs less I have a lot more expenses as far as plane tickets, time off from my day job, landscaping, snow shoveling, property management and paying repairmen higher prices for emergency fixes.
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9 March 2014 | 10 replies
You can use the service of a specialized real estate lawyer, or it can pull out an contract from the internet and altered to cover all necessary areas agreed.I would highly suggest the use of a lawyer if there is large a large sum of money involved, and account for the lawyer's cost as a planed expense for this project.Hope that give a bit of light.
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23 July 2015 | 4 replies
Documents will need to be notarized, and can be FEDEX back and forth.I personally settled a property this year when I was 1,000+ miles away on vacation.
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1 February 2024 | 16 replies
Yeah I was planing on visiting myself, and yes one of the complaints I hear many people make is about their unresponsiveness, I've been looking for alternatives as well like you have but ultimately when it comes to quicker steel modular builds it seems they are reigning in that department locally.
8 October 2016 | 4 replies
Come to terms with the fact you've got to work hard and blaze a path, that you'll always want more and gotta be willing to do whatever it takes to make it happen.Good news is with the right attitude planing and work ethic you'll be limitlessly successful.
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7 December 2017 | 6 replies
You can do it as a second home if you are planing to stay for less than 6 months there.
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10 September 2015 | 2 replies
Hi everyone,Hitting the reset button in life, looking to build up a portfolio of investment properties for me and my beautiful bride so we can eventually have enough passive income to retire.Have a bit of our own capital / time / energy to invest, along with good credit, so instead of paying high for our own place, we're getting into investing first to increase our monthly cash flow.Will also be partnering with family to do out of state, (for us, not them) deals as well, maybe starting in the Dallas / Ft Worth area.My brother in law has the financial edge, me, in construction trades for over 30 years.Together we want to assemble a few properties, then slowly build on that momentum to insure a better quality of life for both our families, ultimately controlling a decent sized portfolio.Interested in mostly SFR's and multi-units, and not afraid to board a plane to check a deal or get out the tools and perform some sweat equity.So, if you have some info to share, please do.
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25 February 2016 | 7 replies
I am planing to upgrade by tomorrow or a day after to Pro .
16 January 2017 | 12 replies
Anyway, I turned it into a Fourplex by adding a second floor and dividing 4 independent áreas (durock walls) with 36 square meters each (With another 16k, 10 year loan at a 11.75% rate at another bank)Each área has one room, kitchen, living room, one bathroom and a laundry place, and since the average rent for just one room in the área is around $160 I´m planing to get at least $280 for each “space”.I already have a trustful architect, attorney, Handy man and I'm still looking for an accountant who knows about RE…I had a hard time with OPAMSS (six months to fulfill their estructural requests), but every single problem came with knowledge.