Robert Frazier
Adding an ADU in a flip
What is your process for underwriting a rental by adding an ADU (addition or division)?Are you getting estimates in DD to decide?What forces more equity growth (addition or division)?
Eddie Torres
ADU & Property Value
So I recently had a conversation with an appraiser and he basically confirmed what I already have heard regarding ADUs based on research. He said that basically any home that he appraises that has an ADU built on it, ...
Sol Baum
Re: Brokers client list
Hi all,
I need advice about whats fair when making a deal with a party who's on your principal brokers client list already. As per verbal agreement they consider that their client and collect half of your split( in...
Chris Watkins
Should I Add a Bedroom? Your quick opinion PLEASE
I'm trying to decide whether or not to add a bedroom to a basement unit of an up and down duplex here in Spanish Fork, Utah. Currently, the property has a shared laundry room and 2 small storage rooms in the back of t...
Mindy Jensen
What does YOUR lease say about modifications to the property?
In a trending post, a member's tenant is asking to install ceiling fans in the property. He claims his brother is an electrician, that they will purchase the fans, and the brother will install them for free. (https://...
Chris T.
More Doors vs. Higher Cashflow
I am in the (good) situation in that one of our rental properties is in a very desirable and improving neighborhood. It is an older house with a very basic interior compared to the recently rehabbed/new construction ...
Ruben Kanya
Is an HOA a deal breaker for a cash flowing quad?
Would you have any pushback or concerns on a cash flowing quad in an HOA community? Is the HOA a deal breaker for you? Slight concern or major concern? If so why?I was speaking to a partner in my network and they had...
Bridget Ariel
Where to borrow money for remodel?
Bought a house for 1M with about 230k down at 2.9 interest for a 30 year mortgage. House includes a non permitted, detached ADU in the back where I live. The main house is being rented for $3,700. My mortgage payments...
Kimberly Bunch
New Member Introduction
Hi all! New member here and look forward to connecting and learning. My investment background: I got my RE license several years ago to simply save money on purchasing my own homes. I ended up helping a handful of fri...
Mary Ann Casey
Private Money Loan, What Would You Do?
I have an RE Investor friend who has 30 years successful experience in Fix & Flips. She needs some additional rehab funding to finish a project. Details are below. She's waiting on my response or counteroffer. I...