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...
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. ...
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...
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...
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...
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...
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...
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 ...
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, ...
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...