My brother and I are doing a reno where we plan on popping the top on a ranch built in 1950. City of Atlanta have said we'll need a variance (bummer)Is anyone willing to give examples of hardships that they've been ab...

Seth Nadreau I understand that interior finishes and the breakdown of the space used can be a big differentiator (a large living room is worth less than a living room + additional bedroom or bathroom) — but are there other reasons someone shouldn’t considered price per square foot?

With one good investment you can accomplish making $1,000 NET additional a month.

I am not an agent but I am a small business owner who needs additional revenue streams to meet my future financial goals.

I have a NTQ which I had a marshal deliver to his door on 6/12.Additionally, his father did not include the late fee in the check dated 6/12 which rent was due by the 10th. 

If you're really bored and want to read additional insight into my reasons for what I say in the other article, and if you like snowboarding (lol), check out-https://www.biggerpockets.com/renewsblog/snowboard...Hope those help!

@Lucy ChangIn addition to filing a federal + state tax return - some cities/counties have their own filing requirement.It appears that San Jose considers you to be doing business within their boundaries.Below is a link to their website with instructionshttp://www.sanjoseca.gov/businesstaxYou can hire someone to do the proper filings for you or you can look at the instructions and do them yourself.You should look at the instructions on whether to put yourself as a sole proprietorship or a partnership.

You could counter that with then why keep parking in harm's way?

The formula is simple and is as follows, 75% of gross rent - PITI = net rental income.If net rental income is positive its added to your total income and improves your purchasing power.If net rental income is negative then its considered a liability similar to a credit card or a car loan that you gotta qualify for.Some banks have "overlays," or additional requirements they place on top of borrowers when you have rapid acquisitions of multiple properties but by no means is 2 properties in one year considered "rapid," by most lenders, however 3-5 would be its an underwriter and case by case bank "call," to make. 

So at $7500 he could wire the 2nd floor only providing that there are no additional costs.