Billy Mcavoy
Paying down additional principal each month
I’m a first time home buyer and looking for some advice. I purchased a condo in December 2020 (in DC) and currently live in my unit. I’m moving to NYC in mid May and will be renting out my DC condo around June 1st. I...
David Caradonna
A difficult project but successful addition.
Investment Info:
Single-family residence other investment.
Purchase price: $138,000
Cash invested: $80,000
This was my first BRRRR and fix and flip. We ran into a list of issues from a bad contractor...
Heidi Sarkozy
primary residence with one additional dwelling
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,050,000
Cash invested: $200,000
4 bedroom/2 bath which includes a detached ADU with 1 bedroom/1 bath
...
Abhishek Singh
Legalizing unpermitted addition to the house
I have recently purchased a house in San Jose. This house has a bonus room added without permit by the previous owner. This was apparently done 17 years ago. Is there any risk in legalizing this un-permitted addition?...
Vikas Raoot
Additional income generation ideas in STRs
Has anyone implemented additional streams of income in short term rental properties that add to your existing source of primary income from them? E.g vending machine (luxury food/drink items etc). Any brainstorming id...
Holli Phillips
Needing help financing a home addition
Seeking advice on a personal transaction. Closing on a property next Friday and am currently financed with a conventional loan. We need to add onto the house to create space for the family and do some exterior upgra...
David Mitro
Converting carport to additional living space
In my area, most of the REOs come with carports. Most of the rehabbed homes have these converted to additional living space (300 sq ft). This increases the value of the homes by about $30,000.I have been using the @J ...
Patrick Dean
Cash in Addition to Preapproval Amount
Can you use cash in addition to pre approval amount to increase the price point of a housing search?
Anna Milligan
Renter's Insurance Liability and "additional insured"
Our insurance guy is telling us that we should have a requirement in our lease that the renter have renter’s insurance for $500k liability. He said most policies are at $300k, but it’s only an extra $10/yr to bump up...
Dale Nesmith
Professionals needed for a Room Addition
I have 2 story home that I am doing a total rehab on soon. I am thinking of doing a 2 story addition that would be easy to do as it would square the shape of the house. On the first floor I want to add a full bath an...