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3 May 2024 | 9 replies
Based on your numbers, there would be little to no cash-flow (if held as a long-term rental), especially if you factor in the high interest rates.
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1 May 2024 | 12 replies
I'm based in Southern California and looking for my first flip opportunity and am open to investing out of state.
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1 May 2024 | 4 replies
Good evening, I have a SFR in Miami dade county and this is the zoning info from the county website:Land UseMuni ZonePA ZoneGENERALRU-2 5700 - DUPLEXES - GENERALFrom the county website I was redirected to: https://library.municode.com/fl/miami_-_dade_county/codes/co...and I think the construction of a new unit in the back (There should be enough space) can potentially be approved based on the exception (3)ARTICLE XV. - RU-2, TWO-FAMILY RESIDENTIAL DISTRICT[19]SHARE LINK TO SECTIONPRINT SECTIONDOWNLOAD (DOCX) OF SECTIONSEMAIL SECTIONCOMPARE VERSIONSFootnotes: --- (19) ---Cross reference— Height of fences, walls and hedges in RU Districts, § 33-11; location of swimming pools in RU-2 Districts, § 33-20(c); maximum setback for principal residential buildings in RU-2 Districts, § 33-45.Sec. 33-201. - Uses permitted.SHARE LINK TO SECTIONPRINT SECTIONDOWNLOAD (DOCX) OF SECTIONSEMAIL SECTIONCOMPARE VERSIONSNo land, body of water and/or structure shall be used or permitted to be used and no structure shall be hereafter erected, constructed, moved, reconstructed or structurally altered for any purpose in an RU-2 District which is designed, arranged, or intended to be used or occupied for any purpose, unless otherwise provided for, excepting for one or more of the following uses:(1)Every use permitted in RU-1, RU-1M(a) and RU-1M(b) Districts.(1.1)Workforce housing units in compliance with the provisions of Article XIIA of this Code.(2)On lots meeting the requirements for two-family use, every use as a duplex or two-family residence, including two private garages.
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1 May 2024 | 13 replies
To begin, it is important to educate yourself on various strategies, establish a strong network, set clear goals, conduct thorough market research, start with small investments, and create a financial plan.
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2 May 2024 | 12 replies
They are evaluated based on the property's income and ability to cover the loan payments, rather than the borrowers personal income.
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4 May 2024 | 28 replies
Don't wait too long, because those gain may lose value based on time, trends, or rates.
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1 May 2024 | 22 replies
Living in California, you will lose your very low property tax base if you do a 1031.
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1 May 2024 | 12 replies
I can't find a DSCR based HELOC program in NJ either.
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30 April 2024 | 43 replies
I make $120k - $150k per year and am based on the west coast.
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30 April 2024 | 12 replies
If you haven't attended any of the local meetups, I strongly recommend getting involved with that.