Recently came across a lake house which we would like to rent out for weddings and event venues. The local Mayor is saying we cannot reuse the space for this. While no formal laws say this is restricted, we are gettin...
My appraisal came in significantly lower than I expected (only a 5% increase from the value the property was appraised at 4 years ago, in spite of values generally increasing 40-50%). Looking at the report, the apprai...
Hi everyone, I've been spending about two weeks deep diving into investment property. I've been told I can qualify and I can't by 10 different people. Now, I understand that living in the property is different than ...
Hey Guys, I am just trying to get some feed back on a situation I am currently involved in. It is still fairly early in the process and do not have all the numbers at this point.
Here it goes. I have a c...
I'm using an FHA loan to purchase a small multifamily as a primary residence. I have found a property that is currently 100% leased to month to month tenants. I am buying a property as my primary residence and know th...
For a multifamily building with limited parking spaces, how do you allocate parking spaces?I have a fourplex with six spaces, all 1/1s, so I limit 1 space per unit with two guests. Thinking if necessary I can allocat...
Hi there. I live in the property that I manage because it is a duplex. My tenants just brought in an unauthorized dog, maybe two. On the lease it says animals are not allowed in unless signed for. The only problem is ...
I'm about to go under contract to purchase a house that I found off a direct mail campaign. The current owner has a sub trustee deed in his name. His father originally sold the house on terms to someone about a decade...
I recently discovered our tenants are hiding their ferrets in the basement of our duplex. They are otherwise good tenants - pay on time, responsible and friendly neighbors. They were keeping them at his mom's until ...
So my boyfriend has a duplex and had a lease signed a couple months ago. We’ve noticed the person that signed the lease does not seem to be the one living there- it seems to be other people. This person is paying rent...