Hi,I recently purchased a 2 family home in Bloomfield, NJ. There is a finished third floor that is not a legal unit. To avoid any trouble with the town, I do not want to rent it out as a long term rental, and I am co...
I understand that in NJ you can vacant a 1-3 unit home upon your move in date by stating that you intend to move in. How is your move in defined or tracked? What is the minimum time you have to live there? A year?
Say...
Has anyone ever sectioned off part of a SFH for use as both a traditional rental & an Airbnb?I found a house with an odd layout - it's a 5/3, but one bed/bath can only be accessed through another bedroom, or from ...
I bought a new home in Grove Park with the intention of doing a basement conversion ADU and renting out the space traditionally. Now I'm thinking about converting it into an AirBnb instead to maximize my profits. Howe...
Hey BP,I'm considering converting a unit in my quadplex to an AirBnb rental. It's a small town of 2500 people that had a gross motel in town. There's minimal to no other options for short term stay in town. I don't wa...
Hello Everyone,I am recently married and my wife and I currently rent a guest home from our family for 1,000 dollars a month all inclusive. We don't pay for the utilities, cable, internet, or alarm system. It's a pret...
I am looking at a couple investment properties, in a very busy vacation lake town here in Michigan, to be used as a vacation rental home. I have a good feel for the rents, have the marketing in place myself from what ...
Hello investor friends,I was analyzing a property recently for one of my buyer clients and thought it might serve as a helpful example for anyone considering a purchase in the Myrtle Beach area. I used the BiggerPock...
Good afternoon everyone!I live in Boston MA. And have a tenant that just informed me Friday that his sister and her family( two adults and three kids) was going to stay with them for a couple of months. The family und...
Hello--
I am trying to break into real estate investing and feel that I have a small yet profitable opportunity basically in my backyard. My neighbor has a guest house that he has not taken care of and they currently...