Jack Plantin
Too risky to convert and rent out illegal basement unit?
I'm in the middle of an deal for a legal two-flat in Chicago with FHA financing, but the numbers only work if I convert the basement into a livable space. FHA loan + expenses is $3000, Rental income with 2 units is $3...
Zachary Sexton
Live In Flip Deal! Or flop?
My wife and I are under contract on a duplex in the rapidly developing* east side of Austin, TX.We made a $471,000 offer and are approved for a 3.5% FHA loan (as long as the sellers are willing to replace the roof, ad...
Kevin Z.
Commercial lending on 4-plex w/ two ADU units (6 units total)
Hi,
Sorry if this has been covered before. The only thread I could find on this topic was pretty old ...
I have a 4 unit building in Los Angeles that I am considering adding two additional ADU units. I have heard ...
Lauren Andrea
Trying to decide where to buy first property
Hello everyone!I'm new to real estate investing and Bigger Pockets. I'm having a difficult time deciding where to buy my first property. My goal is to buy a duplex (where I would live in one unit) or a house with a ba...
Andrea E.
Looking 4 inspectors/property mgr/input on closing 1st duplex!
Hi there!So the sellers accepted my offer!! This is my first home, and first multi unit property!!! The short of it is that I am looking for inspectors for mold and sewer pipes for sure, and am contemplating adding in...
Ronald Roetsel
Security Deposit Deduction - Damaged Irreplaceable Items (Parts)
Hi,How would you estimate security deposit deduction if a tenant broke almost all shelves, bins, and drawers in a high end fridge? The fridge was bough approx 5 years ago for ~$2K and unfortunately neither manufacture...
Account Closed
Renting out rooms owner occupied, unrelated tenant laws
I have some very specific questions about possibly renting out rooms in my house. My partner and I bought a house 5 months ago and would like to earn some extra income to eventually rennovate the entire house. Scenari...
Victor Vazquez
house hacking
Hey guys, I was wondering if I bought a 3 bedroom 2 bath. house could I rent all 3 bedrooms and build a shed for myself in the backyard to sleep in?
Dakota Mivshek
Denver unrelated persons regulation and potential changes ?
Hi there -Looking into Denver, the unrelated persons regulation for a single family home is extremely tight - two unrelated peoples. I’ve heard rumors this could be getting updated but I can’t find any information of ...
Andrew Cummings
New Investor from Tampa, FL
Hello everyone, I'm just getting started out RE investing in the Tampa, FL area. My goal is to get started with a duplex/triplex inside of Tampa. I will be living in one unit, while renting out the other unit(s) as ...