Evan Miglorie
New zoning on family home, how will it effect total price?
13 January 2025 | 1 reply
If the agent can send you comps or sit down to go over them with you then you both can be on the same page.
Kwanza Price
Turn concrete stairs into a driveway and ADU ramp
13 January 2025 | 1 reply
This is for a house that sits on a small hill in the city so it would need to be someone also familiar with getting the right permits to do so in San Francisco.
Colin Ford
BRRR long term buy and old for STR or long term rentals
12 January 2025 | 12 replies
Focus on properties where you can force appreciation—those sitting on MLS too long might not be the right fit.
Abraham Garza
1acre with 4 manufactured homes for rent is it a good deal? Newbie
21 January 2025 | 1 reply
I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?
Rio Nance
Fix and Flip changes
21 January 2025 | 5 replies
Buyers don’t care if you shelled out more on the rehab, if you’re priced too high, you’ll end up sitting on the market way longer than you want, driving up holding costs.Lastly if your buying on market, REO or Corporate sellers are dominating and not as willing to negotiate as owners would.
Mackaylee Beach
2024 was a great FLIPPING year
15 January 2025 | 2 replies
Higher interest rates are keeping some buyers out of the market so properties are sometimes sitting for longer or not getting the desired price.
Sol Romand
Convert medical office to residential
14 January 2025 | 1 reply
After sitting vacant for a while I'm entertaining the option of converting to residential units.
Richard Benjamin Wilhite
How to Find "Cost" Basis for Inherited Land prior to 1031 Exchange?
19 January 2025 | 9 replies
Sit down with a 1032 Accommodator and have them explain the details of a 1031.
Vikas Jain
STRSearch Has anyone used them or have feedback? Any other competitors?
22 January 2025 | 5 replies
I have the contract to use them sitting in my email now so I saw a preview of all the data and it's pretty incredible.
Keith Groshans
Keep Idle Cash Working in SDIRA
15 January 2025 | 8 replies
No fees, no minimums, been very happy with them.Unfortunately the note I own is still paying out to my custodian (did checkbook after note purchase) so the money does sit idle.