29 September 2018 | 7 replies
(The monthly cash that previously was paying the mortgage on your residence now goes into real estate investments *and* you are using leverage to fund / accelerate your rental properties.)Do the above goals conflict with each other?
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5 October 2018 | 7 replies
I'm a resident of Youngstown, OH and want to start investing in real estate.
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9 September 2021 | 45 replies
The table below shows the prior regulations and the newly approved regulations.ITEMPRIOR REGULATION (BEFORE DEC. 17, 2019)NEW REGULATIONS THAT ALIGN WITH CALIFORNIA STATE LAWSEffective DateCity Council approved the regulations below on July 27, 2018 with subsequent updates approved on May 23, 2019; June 25, 2019; and November 19, 2019.On December 17, 2019, City Council approved the following changes, effective immediately upon their vote on Dec. 17, 2019.Zoning DistrictADUs are allowed:• In R-1, R-2, and R-M zoning districts on lots that have one single-family residence.• In Planned Development (PD) districts that are subject to R-1 standards and uses OR where ADUs are not expressly prohibited.• In a low-density cluster development if it conforms to development standards of the R-1 zoning district, and the development and use standards of the low-density cluster permit.ADUs are allowed:• In R-1, R-2, and R-M zoning districts on lots that have one single-family residence.â�¢ On lots with a single-family residence In Planned Development (PD) districts that are subject to R-1 standards and uses OR the ADU conforms to the development and use standards of the PD district.• On any lot with an existing single-family dwelling unit, where regardless of zoning, the lot has any of the following General Plan Land Use/Transportation designations:- Residential Neighborhood- Mixed-Use Neighborhood- Urban Village or Urban Residential- Transit Residential or Rural Residential- Downtown- Mixed-Use Commercial• On two-family (duplex) lots and on multifamily properties• In a low-density cluster development if it conforms to development standards of the R-1 zoning district, and the development and use standards of the low-density cluster permit.Minimum Lot Size3,000 square feetNo minimum lot sizeMinimum Setbacks from Rear and Side Property Lines0 feet for 1-story conversions and new construction.5 feet for second-story ADUs constructed above a garage or accessory structure.0 feet for 1-story conversions and new construction.4 feet for second-story ADUs constructed above a garage or accessory structure4 feet minimum rear and side setbacks required for detached ADU in multifamily developments.Maximum HeightFor detached ADUs:Single story – 18 feet maximumSecond story – 24 feet maximumAttached ADUs are subject to the height limits of the main home.Single-family properties - No change in height requirements.Multifamily properties - 16 feet maximum height for detached ADUs.Rear Yard CoverageArea covered by the ADU, accessory buildings, and accessory structures, except pools, shall not exceed forty percent (40%) of the rear yard.Area covered shall not exceed forty percent (40%) of the rear yard or up to 800 square feet, whichever is greater.Detached ADU Allowed LocationsRear yard only, at least 6 feet away from primary dwelling.May be attached to a detached garage or other existing accessory structure.Must meet minimum setbacks for an accessory building in accordance with Section 20.30.500.No changes except that ADUs that exceed forty percent (40%) of the rear yard must maintain minimum 4 foot side and rear setbacks.
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20 October 2018 | 13 replies
Originally posted by :I started by purchasing my a residence to live in and have moved on to purchasing through auctions.
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27 September 2018 | 5 replies
My first property was my personal residence, I decided to move, found a buyer, then worked out a contract with the buyer.
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28 September 2018 | 4 replies
If you want out of your lease early, you (the tenant) needs to negotiate a reasonable solution.
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18 October 2018 | 12 replies
I have bought and sold a primary residence but I have not yet made the leap into land lording.
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2 October 2018 | 44 replies
On the other hand, with low inventory, if a few thousand dollars over asking price wins the home - it could be a smart choice for a personal residence.
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1 October 2018 | 2 replies
I'm a long time Miami resident and business owner, but new to BiggerPockets.
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29 September 2018 | 18 replies
Craigslist doesn't have a team of people reviewing complaints or fraudulent posts which is why Craigslist is such a mess.The best solution is to add a watermark to your photos.