Beavis Bronqowski
Supportive Housing Project
Hi Everyone,
I've been thinking about buying a residential property and converting it into supportive housing. I've been reading about how the government subsidizes rent for people trying to get back on their feet (d...
Tomasz Strzemecki
Legalities of switching primary to rental
I want to convert my primary property to a rental the right way. Currently, I have a homeowner's exemption on the property. My question is: Do I have to let the County know that I'm converting it to a rental?
...
Mike Schneider
Allocation of share in a JV BRRR when partners bring unequal $$$
Closing on a property in a few weeks (my first ever). I can either complete the transaction in my name or assign it to a corp upon closing. I'd like to do the project as a JV or toher type of partnership in some way s...
Alex Molina
What would you do with 50K? BRRR, FHA and hold, House hacking?
I'm just starting up in real estate and I'm in the CT area where the medium house is approximately 365K. I'm just finishing up grad school and moving to Hartford, CT for a new job. I have about 50K in funds.
I was t...
Alex Yakubovich
Backdoor Roth IRA and Pro-rata Rule
Hello everyone!Could you please help with my situation? I want to do a Backdoor Roth but I have pre-tax money on my trad IRA and I don't understand whether the pro-rata rule could be avoided if I do the following:1) A...
Ben Chow
CA ADU question FAQ
Questions
Owner occupancy is still off till 2025 for a ADU on a SFR, does that mean after 2025 I (owner) will be forced to live in one of the units on a R1 lot? or does it mean any ADU built before 2025 will be not r...
Steve Buchanan
Adding ADUs to Multifamily in California
Does anyone have experience adding ADU's to 5+ unit multifamily buildings in Los Angeles or elsewhere in California? I see deals highlighting this as a potential option, I'm just curious if once completed how lenders ...
Franklin Ezenwa
Best way to maximize a room in the basement for a rental property
Hello BP fam in Ottawa ON,
Please I'll like to get some insight here...
I recently closed on a property in Orleans, Ottawa, ON . My original plan is to house hack and rent by the room.There're a number of amenitie...
Mike Sarhan
Experience with a NYC SRO Building
Hi BP Community,Does anyone have any experience with buying or selling a NYC class B SRO building in NYC and SRO conversion? Specifically converting a building with Class B rooming units to Class A apartments.
Daniel Mclaughlin
Carport Conversion
Hi BiggerPockets,
This isn't quite a DIY question, but I was just curious and thought this may be the right forum for my inquiry. What is a ballpark estimate for converting a two car carport into a normal two car gar...