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Results (5611)
William DaSilva Evaluating House Price
5 May 2020 | 0 replies

Hello,
I am hoping that some of you folks can enlighten me in this situation. I am putting a house in the market. The property is a single-family with the permit to be converted into a two-family. I am wondering what...

Bryan Hancock Starting Permitting Process While Under Contract
10 May 2011 | 11 replies

Have you ever started the permitting process while having property under contract to decrease the amount of time your equity is tied up in a project? I realize the permitting fee equity is at risk using this method. ...

Kareem Arnold Unpermitted Additions in Refinance Appraisal
7 February 2018 | 10 replies

Hello,I recently purchased a single-family home in Hawthorne California, all cash for 500k using a hard money lender. The property was in bad shape and I'm using another lender to provide the repair cost of 50k. The h...

Phillip Li Carport conversion into livable bedroom
4 April 2021 | 5 replies

Hi BP community, 
About to purchase my first rental property in Phoenix. Was considering the pros and cons of a carport conversion into another bedroom to rent out. I've done the research and converting a garage into...

Julio Contreras Seller counting unpermitted studio's rent income as part of the cap rate
1 May 2015 | 11 replies

Hello BP peeps!I have a dilemma. I found a duplex in Los Angeles California that has an unpermitted studio. I noticed that the seller and agent has put the studio's income as part of the NOI. I am wondering if this is...

Daniel Johnson Purchasing Duplex, converting to triplex
12 July 2019 | 6 replies

I am working on an offer to purchase a property that is currently a duplex. It has strong cashflow, and is in a desirable area of town. The zoning allows for a triplex, and the unit most likely used to be an illegal q...

Jorge Rodriguez MLS Listing vs County Records
14 January 2021 | 9 replies

Hey guys,
I'm a noobie investor looking to get started here in South Florida with house hacking and after looking at numerous SFH properties in areas that I want to buy, I am noticing that there are discrepancies bet...

Bienes Raices Sketchy addition on back of house
1 September 2010 | 13 replies

This house was a 2/1, but there is a sliding glass door in back, where owner put on a very small addition with a half bath. Floor appears to have a very slight slope, and roof shakes a little bit when you walk around ...

Ashley Pimsner Chicago contractors rule of thumb for costs to rehab
13 July 2016 | 4 replies

Hello BP community.I have been looking at several 3 and 4 flats on South side of Chicago and was wondering if some local contractors could give us a general rule of thumb for costs to gut rehab each unit?Light rehab, ...

James Roux No permit on roof in Orlando FL
18 December 2019 | 12 replies

Good evening my wife and I just put our 2nd home under contract that we’re planning on moving into and renovate. Turns out that there was never a permit done on the the newer roof.Should I walk away from the deal also...