Chi Lo
Questions about basement apartment
2 January 2025 | 3 replies
Interested in getting some extra income with converting the extra space in the basement into a rentable unit.Basements in a one-family home can be lawfully rented only if the following conditions are met:Compliance with the Housing Maintenance Code for minimum room size.There is a minimum ceiling height of 7 ft.The walls, as high as ground level, must be damp- and water-proofed if HPD determines that subsoil conditions on the lot require it.The basement is occupied by one family and does not include boarders.Every room must have at least one window.The bottom of any yard or other required open space cannot be higher than six inches below the window sill of any required window in the room.
Audrey X.
Jerry M Feeney - e1031xchange.com, legit?
8 January 2025 | 31 replies
Has anyone used e1031xchange owned by the law firm of Jerry M.
Augusta Owens
Planning my process
9 January 2025 | 5 replies
This is due to the extremely annoying TX 50a6 home equity laws.
Corey Davis
Operationalizing & Scaling
31 December 2024 | 5 replies
Keep in mind local zoning laws and market conditions in Portland versus Salem—Portland might offer higher rents but stricter regulations, while Salem could provide better cash flow opportunities.Your design approach has proven successful, so continue focusing on appealing upgrades like kitchens and bathrooms, but prioritize cost-effective and durable materials for rentals.
Helena Goyvaerts
BRRRR - Experiences with the refinancing part for non US-citizens?
6 January 2025 | 10 replies
I would call or email a specialist in FIRPTA such as "Tax solutions FIRPTA consulting" in Katy Texas, since they can answers all questions about the law plus investor friendly lenders
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 replies
Larger cities offer better infrastructure, such as international airports, interstate highways, and a broader talent pool, making them attractive to businesses and tenants.Avoid Rent ControlRent control laws can hinder your ability to adjust rents to match inflation, limit tenant screening, and complicate evictions.
John Underwood
Corporate transparency act blocked nationwide
26 December 2024 | 21 replies
The guilty people know how to hide their tracks and could have been arrested under previous laws anyway, so all CTA law did was persecute small business owners.
Rene Rindik
Purchasing land with intention of using for RV and Boat storage Beginning Steps
2 January 2025 | 2 replies
A law suit from a tenant can put your other assets in risk if they are inside that LLC.
Ken M.
Creative Financing for 2025
2 January 2025 | 10 replies
They may take an interest.Some of those people might actually be more aggressive about enforcing existing laws.
Haleigh Nelson
Emerging NC markets?
1 January 2025 | 2 replies
A client of mine recently invested there and raves aboutt the ease of finding solid contractors who stick to the budget.One piece of advice: before jumping into any market, spend time understanding the local economy, demand drivers (like job growth and population trends), and the landloard laws.