Alfred Moon
Adding an ADU to a West LA 4 plex
Researching adding an ADU to a 4 plex in West LA and have a few questions about the process: 1. Anyone have a recommendation on ADU contractors who can take care of feasibility/permitting, design, construction, etc? ...
Account Closed
1031 a multifamily u live/d in?
I just recalled that when in NYC i needed(?) to use an attorney to close on my long-term multifam flip (usually at 2 yrs owned/lived in) and usually the first words out of lawyers mouth was 'why don't u do a 1031 even...
Stacy Morris
Using 401k money to invest
I've seen a number of times that people are taking money out of their retirement plans to invest in RE. They also say there is no penalty for doing this under the CARES Act due to COVID. Is this true in all states or ...
Blake Mgbada
Avoiding Capital Gains Tax
Does this situation sound feasible?Let's say I completed a live-in-flip as a single person. When I sell my house, I have over $300k profit. I have to pay capital gain tax on the $50k surplus. What if I refinanced for ...
Lu Carter
Potential Tenant has kept out-of-state DL for 4 yrs
I am screening a woman and her fiance (mid 40's) who have lived in TX for 4 years. So far the information about landlord history and income is normal. On their applications I ask for drivers license number and state...
Eli Crapper
House Hack Fourplex vs. Renting all Units and Staying in my Current Rental (Canada)
Hi. I am a Canadian first-time home buyer and have just purchased a fourplex. I am trying to decide if I should live in one of these units vs. renting all 4 and continuing to rent at my current house. For context, I a...
Kevin Gladstone
Popcorn Ceiling Asbestos Self-Removal
Hi all,I'm working on a fix and flip in the Bay Area. Some of the easier tasks we were hoping to take care of ourselves and contract out the rest. On paper popcorn ceiling removal should be a breeze, but our asbestos ...
Jesse Jackson
Meeting my first seller tomorrow...
I've decided to jump into the deep end of the investor pool. I have purchased and sold a couple primary residences before, but this is my first time as both an investor and FSBO.If things go well, I would use it as my...
Becca Pearson
First time selling a nonconforming triplex - help!
We’ve been renting out a single family home for the last year that is renovated to be a triplex. We’ve made a great return so far but the city has asked us to move back in to continue renting out the ADUs, so we’re op...
Account Closed
Developer needs advice
Arkansas Development. I am new to HPR in Arkansas and have a question about POA/Dues.I am developing a commercial property with 5 units and working on the Master Deed, HPR. I am trying to avoid creating a POA that h...