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Results (8,501+)
Sigyfredo Iniguez What can make a bedroom legal?
26 June 2024 | 6 replies
The window must have a net clear openable area of 5.7 square feet (5.0 square feet if ground floor), a minimum openable height of 24 inches, a minimum openable width of 20 inches, and the bottom of the opening must be within 44 inches of the floor.Size: The room must be at least 70 square feet, and no less than 7 feet in any horizontal dimension.Lighting & Ventilation: A natural light source (window) of not less than 8% of the floor area and natural ventilation (openable window/door) of at least 4% of the floor area are required.Heating: The bedroom must have heating capable of maintaining a minimum room temperature of 68°F.Smoke Detector: A smoke detector is required in each sleeping room.While a closet is expected in most bedrooms, the International Residential Code does not actually require a bedroom to have a closet.
Elijah Householder Room rental income to qualify? (FTHB)
26 June 2024 | 4 replies
This process can be time-consuming and potentially costly but may significantly enhance your ability to use the rental income for mortgage qualification in the future.
Julie Muse Rick Road Flip: Major Profits in Reading with MH Property Solutions!
26 June 2024 | 0 replies
Reading's growing market further enhanced its appeal.
Ade Akingbade Not Going Well - Seeking Advice for Rental Property Challenges
25 June 2024 | 30 replies
**Basement Water Damage:** The walls in the basement are wet up to 15 inches, and it appears that water is seeping in from the ground.3.
Aleksandra Faust Long Term Investment in Bay Area
25 June 2024 | 10 replies
The HOA emails about break-ins frequently, despite a secure parking garage and enhanced security.
Julie Muse W 7th Ave Flip: Big Gains in Trappe with MH Property Solutions!
25 June 2024 | 0 replies
Trappe's growing market further enhanced its appeal.
Julie Muse Sandspring Dr Flip: Big Profits in Atlanta with Tracy McQuire!
25 June 2024 | 0 replies
Atlanta's thriving real estate market further enhanced its appeal.
Julie Muse Peter St Flip: Big Returns in Duquesne with Mike & Laurie!
25 June 2024 | 0 replies
Duquesne's growing market further enhanced its appeal.
Julie Muse Jenner Circle Flip: Major Profit in Modesto with Seth Choate!
25 June 2024 | 0 replies
Modesto's growing market further enhanced its appeal.
Jordan Blanton Keep paid off property or do 1031
25 June 2024 | 6 replies
This can potentially enhance long-term wealth building.Tax Deferral-By reinvesting your proceeds into like-kind properties through a 1031 exchange, you can defer capital gains taxes, allowing you to reinvest more capital.Market Timing-Despite the competitive market, a 1031 exchange gives you a defined timeline to identify and acquire properties, potentially putting you ahead of other buyers who might not be as motivated by a tight deadline.Cons:Lower Initial Cash Flow-Acquiring additional properties may reduce your immediate cash flow, especially if properties in your target market are not as cash flow positive as your current property.Risk of Overpaying-In a competitive market, there's a risk of overpaying for properties just to meet the exchange deadline, which could impact your overall returns.Either one is a valid option, but overall it depends what your financial goals and restrictions are.