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8 April 2024 | 12 replies
How can I find a list of homes that are not currently for sale but that may have an ADU, so that I can start to reach out to these owners about any potential interest in selling?
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8 April 2024 | 51 replies
I would make you a list of sites for quick use.
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6 April 2024 | 5 replies
I am a first time real estate investor looking the following property : https://www.redfin.com/OR/Forest-Grove/2418-Cedar-Cir-97116/...its a pretty large duplex in Forest Grove OR, the trick is though, its on a lot zoned for a 4 plex so I am lookinginto house hacking, converting into a triplex, then living in one unit while renting out the remaining two unitsThe left garage has been converted to living space, with a living room, half bath, a laundry room with a sink and some counters/cupboards and a bedroom, it is a part of what was an existing 3bd unitIf I were to acquire the asset, I would first attempt to convert that space into its own unit The line items as I see (be in mind, I am totally new to this) would be to >put up dry wall where the door to the rest of the house is,>add a shower to the half bathroom >install a water heater in the adjacent 3bd unit> install a kitchen in the laundry room, (stove , oven , sink, counter space)>add a shower to the half bath Assuming I can convert it to a 3plex, I could at-least cash flow on my investment after I leave My plan would be to put minimum down payment of 3.5% (FHA loan) that way I can have a decent amount of capital free to do the renovationsThe only concern is when I crunch the numbers to get my ROI, I have no idea how much its going to cost to convert the additional living space to a third unitAny experienced investors here know how I can estimate this before I try to make an offer?
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9 April 2024 | 13 replies
@Christie Dunivant Come to our women’s group tonight or March 25th listed on ft lauderdale BP events page.
9 April 2024 | 2 replies
I listed the property, tenant agreed to rent, I submitted the RFTA to housing with the rent amount, waiting for a week, they emailed me and negotiated the rent, sent me the affordable worksheet showing the accepted rent, housing payment and tenant payment.
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9 April 2024 | 21 replies
I’m on about every single wholesaler’s direct list in the area.
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8 April 2024 | 2 replies
So we're not able to list on the MLS as they are not affixed to the ground.
8 April 2024 | 2 replies
VA cannot list the home until they complete the foreclosure and take possession.
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8 April 2024 | 1 reply
Also, local Facebook groups and Zillow can be other good places to find MTR listings as well.
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8 April 2024 | 6 replies
If you are spending a lot of personal time there, I would speak with a CPA about whether or not to continue to list it as a depreciable investment asset on your tax returns.