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21 January 2025 | 5 replies
I'm noticing a lot of homes with foundation issues.
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6 February 2025 | 12 replies
You will find a lot of options inside the loop for multifamily ( I especially like Ryon area) , or you can look at stuff in the west and northwest suburbs like Katy Cypress and Spring.
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28 January 2025 | 8 replies
Check out this table: https://www.municode.com/library/ca/oakland/codes/...This is what you're looking for: https://www.screencast.com/t/Xkyp3OZWkI Oakland, for a building with 3 units or more you need to have a lot sized at 7,500 sq ft. --- From the zoning code it says, an RM-2 zoned lot can have "1 unit per 2,500 sf. of lot area"If you don't meet that lot size requirement you'll need to make a request for a variance, then post notice about the desired change in front of the building.
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28 January 2025 | 7 replies
If I had not been, then I would have a lot of projects only half completed and a lot of investors very angry with me.
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12 January 2025 | 25 replies
A lot of folks were plucking stuff off the MLS, putting a tenant in place, and cash flowing.
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5 February 2025 | 13 replies
Hi Grace, I have an amazing DSCR lender that has no seasoning period requirement and an amazing property manager (both a lot of my clients and myself have used!).
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5 February 2025 | 7 replies
You can learn a lot from other likeminded individuals.
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16 January 2025 | 23 replies
To rent the home, I would lose about $2,500 per month (based on comparable rents in my area, property management fees, etc).Both options loose the same amount by roughly 2 years, and by this time, I still will not have built up much more equity in the home to make selling it a break even unless there is price appreciation by then.My dilemma is this: I speculate that my home will not appreciate much in the next 3-5 years due to the rapid pace of development in the surrounding area.In 5-10+ years, maybe, but by then I'll have bled $150,000 - $300,000.I have thought about this a lot and feel that I mar'-too close to the problem to see the best solution.
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4 February 2025 | 18 replies
Don't talk yourself into a place because of personal use.Buying a $475k condo that brings in 35k in gross rental income will lose a lot of money.
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14 January 2025 | 19 replies
There is always SOME manual work, but you can cut out a lot of the back and forth-- definitley.