Jack Plantin
Too risky to convert and rent out illegal basement unit?
I'm in the middle of an deal for a legal two-flat in Chicago with FHA financing, but the numbers only work if I convert the basement into a livable space. FHA loan + expenses is $3000, Rental income with 2 units is $3...
Jake Tolton
House Hacking and Campground Hacking??
Property is located very close to popular eastern Oregon State Park. I am currently leasing the house, main shop and a few other out buildings. The owners want us to buy the place! The whole property is 1200+ acres wi...
Felix D Menendez Jr
Squatter need advice
I'm interested in a property with some serious potential.Sellers agent says there has been a couple offers in the last 60 contingent on the home being 100% vacant.Seller knows I wanted the property 100% occupied. ( I...
Vinh Nguyen
How to rent out basement and split utility?
Hi,
I am interested in buying a house as rental property. It has 2 kitchens: first floor and the basement. The basement leads out to the back yard as a separate entrance. I would like to rent it out to two separate ...
Marek Narewski
Best way to convert 2BR to 3BR in regards to BRRRR
Hi Everyone,This is my first forum post, so be easy on me, I'm a rookie. I closed on my first duplex last week in Connecticut, 2BR/1BA in each unit. I have the option to convert one of the units into a 3BR and plan ...
Kimberly Hammer
Zoning and Rental Property
I am still new to real estate investing and I have a question. I have a showing appointment to look at a zoned single-family home that is advertised as having a mother-in-law. The mother-in-law suite could be seen as ...
Cor Bay
Commercial office basement use??
Have a contract on a 10,000 sq ft commercial office building which the main floor is almost completely occupied. Currently, the basement is only about 10% occupied by main floor tenant storage. The rest of the basemen...
Oscar Rico
utilities for multi family
I need you help ! I own a single family in a very desirable area. I converted the home to a multi family home. The main house is a remodled 3/2 with a pool. Garage was converted to a spacious in law quarters (not perm...
Josh Halat
Splitting Utilities between Main Floor and Basement Suite?
Hey everyone, I am a brand new investor getting ready to purchase my first Investment property. I have been looking at some properties with basement suites and I am just curious on how you would divide the utilities ...
James Dainard
SFR Fix and Flip in Lake Forest Park, WA
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $690,000
Cash invested: $126,000
Sale price: $1,200,000
Contributors:
Vlad Tselnik,
Megan Halt...