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Results (10,000+)
Renee LeFevre House Hacking in Northern Virginia
25 November 2024 | 5 replies
@Renee LeFevreTo rent out your basement, follow these steps: check local regulations, prepare the basement with separate entrance, screen potential tenants, draft a lease agreement, set the right rent price, consider tax implications, update homeowner's insurance, and build a positive tenant relationship to attract quality renters.Good Luck!
Thomas Azoury Convert garage w tenants
2 December 2024 | 17 replies
He's already lost $80,000 in potential income and they could easily tie him up for double that in a heavily regulated market like California.Successful landlords charge market rent or close to it.
Bruce Tieu Design and furnish strategy for non conforming duplex
26 November 2024 | 9 replies
Worst case is I can still rent them as furnished room rentals, or rent the whole house as a furnished rental Check your regulations before you give up.
Val Berechet Is it still a good idea to invest in Tulum, Mexico?
11 December 2024 | 101 replies
It's quite ironic when you think that Tulum has regulations preventing from building more than 3 to 4 story highs and from building on 40% on any buildable lot.
Erika Shiu House Hacking with a STR
26 November 2024 | 7 replies
Verify STR regulations in Littleton/Denver and secure permits.
Tim W. Help with Mortgage Financing on Small Multi-Family outside Pittsburgh
28 November 2024 | 5 replies
There should be other options, however with an LLC and fourplex - yes, DSCR is by far most likely to be your best option unless you do the heavy lifting with local banks and credit unions (and these are increasingly not great options for this type of stuff as they move painfully slow and are under lots of regulations and restrictions)2) I haven't yet reached out local banks, but seeing the quotes from brokers makes me wondering if Banks may be better? 
Paul Bogard House hacking in Philadelphia
26 November 2024 | 6 replies
@Paul BogardTo rent out multiple bedrooms in Philadelphia, understand zoning regulations, consult a knowledgeable real estate agent, hire a property manager, and consider multi-unit properties, student housing, and co-living spaces.
Jamie Banks Turning A Primary Home Into A Midterm Rental
26 November 2024 | 11 replies
Check local short-term rental regulations.3. 
Kathy Diamond Looking for counties that meet the 1% rule
1 December 2024 | 32 replies
A $200,000 duplex might have identical rents in municipality “A” and municipality “B” but the property tax rates will vary, local regulations will dictate licensing requirements, labor rates will vary & the particular location will dictate insurance premiums since insurance carriers will weigh local replacement costs and whether the municipality is viewed as being a “plaintiff friendly” in arriving at insurance premiums.Better situated assets will attract better tenants.
Nicholas Nocella New and Hungry!
22 November 2024 | 14 replies
From there, I would like to explore house hacking/the BRRR strategy, but I know there are rules, regulations, and connections I will need to make all this happen.If anyone is willing to have a conversation or thinks they could use my help in bettering their real estate business in return for some advice, I would love to at the very least create some new relationships.Here is my 2.6 cents adjusted for inflation...What about getting a realtor license?