We converted our primary residence into a rental when we were stationed overseas five years ago. During those five years, we claimed depreciation (based on a 27.5 year depreciation schedule), mortgage interest, and o...
Currently have two SFH rentals and looking to jump to multifamily. Second rental was purchased this year on a 30 yr fixed. Called the same lender and had a lengthy conversation about scaling up and etc. and requeste...
Hi folks,RE investor here, going through first time eviction process in Columbus OH (first time ever). Property is managed by a PM, I live out of state. Most of my properties are near me in a tenant friendly location ...
Has anyone tried converting buildings to Lofts? In my area, it all the big builders/companies that are doing the conversions, but I want to try it with a commercial/industrial space. I would like to do the conversio...
I am 18 years old and want to buy a duplex and add another unit. Is this possible/legal if I turn the garage into an efficiency room where the total area is about 500 square feet for the unit? (I live in northern Geor...
Hello! I live in a 1930s California Bungalow with an old detached garage too small to fit a modern car. My girlfriend and I thought about converting the space into another bedroom/laundry room as the space is only use...
Hi everyone. Everything that I've researched about talking to potential sellers seems to fall into one of two categories - 1) how to talk to motivated sellers who are contacting you based off of your marketing or they...
Hello, my name is Rodney and I am new to BiggerPockets. I am an Air Force veteran and I live in Mississippi. I am glad to be a part of the group.
Hi all, i have a question on how to determine if a garage conversion is permitted. If the tax record shows the square footage of the garage as living space, does it mean its legal?
Hello, everyone! Please advise if we bought the property and if it was the lease from the previous landlord.One time we saw that they were smoking, but it's not allowed in the property.Also, we noticed that it's only ...