Michael Draper
Utilizing a ROTH IRA for real estate investments
Hello everyone!New to the real estate investing world (I have one deal under my belt!) and I'm currently soaking up as much information as I can and creating a strategy for the coming months.I have a chunk of money cu...
Elaine Mejia
1st property ever, bought at the bottom of the recession
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $68,000
Cash invested: $8,800
3 bed, 2 bath 1100sqft
What made you interested in investing in this type of...
Diane G.
Non GFC outlets still legal
Wonder if non-GFCI outlets are still legal in kitchen/bathroom with older building in San Francisco? Does anyone know? Thank you
Ed Neuhaus
Has anyone tried Captive Insurance
The other day I heard a guy talking about captive insurance companies. Basically that is a company that insures the company it is owned by. So for an Example:You own 10 rental homes that cost you $600/year to insure...
Brian Midden
Permitted and prohibited additions
Hi everyone,I have a pretty rookie question here. But how do you know if an addition is permitted or not?If not, how do you go about that situation? What exactly does it mean? What things should I be concerned about? ...
Jon C.
Rough estimate on coverting room back into a garage
I am looking to bid on an REO. Its listed as a 4/3 but that's because the garage was converted into a bedroom. However, every single house on the block as a 2 car garage. And this added bedroom is weird anyway. First ...
Caleb Mclamb
MPP for a rehab
Hello BP, Currently I am reading J Scott's the book on flipping houses and I am learning allot! I am working with a local realtor and am formulating my criteria of what I am looking for with her. My question is this, ...
Daniel G.
Sales Price Discount Issues
Hi BP people,Here's a question that I think we could all benefit to learn from. What legitimate issues have you brought up during the due diligence period of a multi-family acquisition that resulted in a credit or dis...
Catherine Peters
Difference Between Mother-in-Law Suite and Rental Unit?
There is a property I'm looking at that is zoned as a legal duplex but has a third unit they are calling a mother-in-law suite. If this has an outside entrance, can I legally rent it out? Curious if anyone has investe...
Dustin Schaefer
Snow Removal and Lawn Care
Hello BP!
I am hoping to get an idea of what landlords in the Madison, WI market are paying for snow removal and salting. Do you salt every visit or restrict that to only certain times/times?
I am currently paying r...