Hamidou Keita
Seeking Advice on House Hacking Strategy: Buying Single-Family Home to Build Duplex i
5 January 2025 | 24 replies
@Hamidou Keita House hacking by converting a single-family to a duplex is a smart strategy, but requires careful planning.Pros: Offset living expenses, higher rental income, increased equity.Cons: Significant conversion costs (permits, construction), zoning restrictions, living in a construction zone, managing two tenants.Key Considerations:Feasibility: Check local zoning and permitting.Costs: Get detailed construction estimates.Market Analysis: Ensure post-conversion rent covers expenses and there's rental demand.Resources: BiggerPockets forums, local contractors, real estate agents.Have you researched your target property's conversion potential?
Stephen Fleming
Newbie Plan. Thoughts?
14 January 2025 | 9 replies
Fine-tuning your savings, building a reserve fund, and running detailed ROI projections will help solidify your plan for long-term success.Good luck!
Jack Cottrell
Help me adjust my expectations - first deal pending
24 January 2025 | 36 replies
My biggest recommendation is to not get caught in analysis paralysis.
Dan N.
Can a Wyoming LLC own an investment property in ANY state?
9 January 2025 | 18 replies
.: Best detailed response I have received.
Jerry Tello
Over The Counter (OTC) Tax Liens
14 January 2025 | 11 replies
The problem is no one book is going to be detailed enough for your specific state and county.Right here on BP there are lots of discussions about tax liens.
Natasha Rooney
Multifamily Properties in Indianapolis
29 January 2025 | 16 replies
Happy to get more granular if I know more details.
Jerry Zigounakis
Best Growing Markets To Invest In
29 January 2025 | 14 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
Roger Flot
Updated Insurance for renovated property
21 January 2025 | 10 replies
In that they will detail the scales they use, including at which level of renovation it's possible to get things "reset" so it is appraised as if it is a new built property.
Felisha Derrick
Beginner situation/Hubris/What would you do?
6 January 2025 | 9 replies
Reach out to me if you want their details or help with anything.
Todd David Crouch
Self Employed or W2??
12 January 2025 | 4 replies
Now, there are OTHER things that you need, so if you could give more details then that would help us answer this a little more accurately.