I’m currently developing a 224 unit condo project close to Sao Paulo International airport, and a downtown renovation project converting a 80,000sf+ empty building into 201 affordable units.Personal goal: I’m interested in diversifying my portfolio in the US (and learn about it) and building a long term relationships along the way.

Converting Roth IRA money to other type money?  

Place cash flows as a 2 family, and looked into zoning in my city and its possible to convert to 3 family to make it cash flow even more.My worry - why did it drop in price so much in the last 3 months or so?

Must have a HUD tag on it, (look under the kitchen sink)...indicating it has been converted from personsl property to real property...value is going to be based on other comparables.Where is it located?  

There is a difference in not allowing homes to be bought as rentals and homes allowed to be bought as principal residences and then converted to rentals. 

Most of use who have converted their first home to a rental (with a high ltv, but low interest rate mortgage) don't cash flow for quite a while. 

:) :) :)We are buying a house that has a converted garage, however it was converted without a permit because the square footage still reflects as garage on our property appraiser website and when I called the city for all the permits on the property they didn't mention any garage.We would like to do it correctly, so obviously that means going to the city and getting a permit, and going through inspection, etc etc.  

I own a 2 bedroom condo and I want to change the carpet in the living room to laminate. Can we do this while the tenant is still in place? Does that create any hazardous conditions while the work is going on?-Dinesh,

Based on the comps, I leased less than the market rent and planning to lease per market after expiration of the current lease, so I may be able to make additional 100-150$ a month.During the weekend, I get a chance to meet tenant and during the conversation, we both expressed our interest in converting this lease to 'lease to own' option as the tenant is having not so good credit history and like to buy this property after he is able to repair his credit.I have neither done 'Lease to Own' transaction nor do have knowledge in it.

My partner/contractor feels like we overpaid for the amount of work that was done.Something else to think about... our home had a garage on slab that had been converted to an addition and tied in with the rest of the house.