We just looked at a little house in Reseda, Ca that is a total fixer, and we know that. We know this is earthquake country, and this house built in 1950, and is still standing after several of them. We also know this...
what can you do with a detached garage with a living space up top to avoid flood insurance given the garage is below. How do you make is flood proof as they say in FEMA to not need flood insurance. Its a brick garag...
Hi everyone,
I'm looking for guidance on setting up my LLCs to be as tax-efficient as possible as I prepare for my first multifamily property purchase. I’m a high-income earner and just received a substantial tax bil...
In my due diligence period this is my current list -inspector/contractor walk property-get lease terms -Get Schedule E form -Check Public records -Any Liens ? Anything else I should be checking up on or asking for? I ...
Hi All,I'm a first time home buyer and closed on a single-family home (a recent flip) about 5 weeks ago. A couple of days ago, I noticed horizontal cracks in the unfinished portion of the basement (the rest is finishe...
I run into this scenario quite often: I can either buy a home or I get an existing home back from a renter that needs mostly minor (but expensive) repairs or updates, such as new carpet or paint. As you know that can ...
Just got an offer accepted on a house for $90k purchase price in cash. The comps support an ARV of $170k. I expect the rehab to cost between $40k-$50k and there will be some difficult repairs. Is a major project worth...
I was looking at a property here in DFW near Grand Prairie that was built in the late 1960s. The problem with the house is it has numerous cracks on the interior of the house. The seller told me they did quite a...
I'm interested in a REO property. The one I've found looks attractive for either a flip or a BRRRR. I'm trying to estimate repair costs and am wondering if there is a structural problem. The ceilings in the front room...
Hi everyone my wife and I just bought our first home in South Philly. The home is 13’ wide and 36’ long. It’s very tiny. But in a great location. The house actually was added to in the back near the kitchen about 6’ a...