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Hello all. I have a question, but first my background. I currently have a rental that is about valued at $86k and my debt is $94k. I bought in 2008 and have had decent occupancy since, but have not came close to turni...
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I'm flipping a 3 bed 1.5 bath 1206 sqf with attached 2 car garage. My question is if I do a garage conversion to add more living space will it add value or should I spend the money else where. Any feedback would b...
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In an effort to maximize income on a small Multifamily property I’ve been thinking creatively about how to add value and sweeten the deal for a good tenant.First a couple of assumptions.1) Traditional 9/3 triple decke...
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I’m looking at buying a home and doing a garage conversion. I live in SO Cal and it would be a house hack to save money for other investments. I thought of just putting insulation and drywall to cover the roll up door...
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The area that I live in gets quite hot in the summer...we're talking over 105 for several weeks. Part of our investment plan includes us buying a SFR, that we will live in for 2-3 years, and either rent out or sell at...
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I was wondering if anyone has finessed or skirted this kind of requirement successfully? According to the city's code, an "absentee landlord" is any owner who doesn't actually live in the town, you just can't hang an...
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Hey BP!I’m wondering what you guys might think is an appropriate rate to charge a couple for a bedroom that I would otherwise rent to a single person for $1000?The bedroom has a private bath and is coming furnished wi...
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I bought my first rental property almost a year ago. It’s a condominium and I’ve had a tenant living there since day one of my settlement. Now that this goal was met, I’ve been at a loss for how to save up for the nex...
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Hello,
Fellow SFH landlord here. Had an idea that I wanted to run by y'all. What would you think of building new (using a "build on your lot" stick builder) a single-family home that had say 6 large bedrooms, each wi...
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Hi everyone, I just wanted to get some feedback on a pet policy I will be implementing for a rental property. The tenants have been living there for a year, and have been great tenants. They agreed to sign on for an...