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I would shy away frompurchasing a building withnonconforming rentAL units.The city can shut you downand make you convert them back and at today's codes. It can be very expensive. I speak from experiance.
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Investment Info:
Single-family residence buy & hold investment in La Mesa.
Purchase price: $555,000
Cash invested: $85,000
Purchased the home as a live-in fixer. We converted the 2-car garage i...
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Anyone here specialized in San Francisco rental market?My mother-in-law has a house which she is considering to rent it out. The house is about 1400 sqft and is close to public transportation. The main level has 3 (sm...
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unit was occupied both sides of duplex coe. rear unit vacated first week july. front unit vacates in a few days. just did the measurements with a digital tape measurer., off by 30%, which is huge. House was sold t...
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I am renovating a 40 year old house and the HVAC system and electrical system are the original. Since my background is in Electronics and IT is this something I can tackle myself? I have a $20,000 budget and so far th...
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Hello BPers and BRRRR lovers,
My partner and I got our first BRRRR deal under contract, it is a 6 unit near Fishtown Philadelphia. As we enter Due diligence, we wanted to figure out all the costs that in...
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Buying a flipped home can be risky for several reasons:
1. Quality of Work:Flippers often focus on cosmetic improvements to make the home more appealing quickly. They might cut corners on essential structural or syst...
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Hello Everyone!! When doing direct mailing to foreclosure what is the best way to do the stamping and mailing envelopes?
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I am a first time investor, but a seasoned construction management professional. I have worked for ~10 years as a project manager on a wide variety of construction (institutional, hospital, hotels, student housing, co...
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Hi experienced investors! I need a little creative input here. I purchased a property in Southern CA I plan house hack.So the obvious choice is to seal off the walls and just create a "studio." That will be the cheape...