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16 January 2020 | 7 replies
@Jacob Pereira The house we bought needed some update inside but not too drastic.
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12 February 2020 | 4 replies
Please update on whether you move forward with this one.
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16 January 2020 | 2 replies
If my math is right you could almost double a properties income potential by adding an Accessory dwelling unit which will probably cost less than 10-20% of the initial home purchase price.Example:SFH purchase: $400,000 renting at around $2,100-2,500 (after about $5,000 updating)Garage Conversion: 25,000-100,000 (maybe less if I can find one with a bathroom next to the garage)1 bedroom renting near Fairfield CA: $1500 monthA lot of these numbers are idealized but this could bring the Property near to the 1% rule.400,000+25,000+5,000 = 430,000(2500+1500)/430,000 = .93%Now if we get this to work and we take it a step further and add a second ADU to the backyard for 100,000-200,000 we could add a 2 bedroom and add more incometotal cost: 430,000 + 150,000 = 580,000rent for 2 bedroom: 2,000Total income: 6,0006,000 / 580,000 = 1.03 %Do these number look relatively reasonable to anyone that has more experience with adding adu's in California?
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18 July 2020 | 16 replies
Hey Everyone, @Brandon Miller, @Joseph Cornwell, @Marcus AuerbachI created a new post for an update on your 2020 goals. https://www.biggerpockets.com/...
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31 January 2020 | 11 replies
Also wanted to update as to the current trajectory.
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2 June 2020 | 29 replies
Any updates on the source of the smell?
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5 March 2020 | 10 replies
I’ve heard rumors this could be getting updated but I can’t find any information of that online.
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18 March 2021 | 10 replies
Updating this thread with some of my learnings on this topic.
18 January 2020 | 3 replies
We engaged with a PM company 3 months ago to rent out our SFH, but have found them exceptionally unresponsive to communication and lacking any updates on what they are doing to market the property.. very frustrated with delayed and super vague answers on even if we are getting any showings...
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22 January 2020 | 15 replies
I believe it's from an update to IRC codes back around 2015.