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If the layout makes this feasible is anyone considering it? Surely the property would be worth more this way, especially if there is little yard area around the house. Also if one had a basement, perhaps egress priv...
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Investment Info:
Large multi-family (5+ units) other investment.
Purchase price: $270,000
Sale price: $675,000
Multi-Unit renovation converted to Residential
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I am considering purchasing a duplex in Indianapolis IN. The house was separated into 4 units by the current owner and currently has 4 tenants. I am concerned that I may run into problems down the road if I ever neede...
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The loophole of financing a property as a primary residence with very favorable terms, living there for a year, and then converting it into a rental has been discussed a lot.I’m curious if it works similarly with a se...
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Looking at a building in Pawtucket that is currently commercial first floor with 2 one bedroom units on the second floor. The commercial space is vacant, and I don't have a ton of faith in small businesses as long as ...
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Hi Folks - seeking wisdom from this awesome forum!Here is my scenario.I currently own a 2/2 condo in Bay Area, CA and I'm moving to a larger home (With larger mortgage etc.)Renting my condo will give me a negative cas...
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Currently purchasing a 4 unit property in San Bernandino County, SoCal and looking to convert a 144 Sq ft laundry room into a studio to make my property a 5 unit. The laundry room already has gas, water, and a wall he...
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Hello All,
I have limited to no experience in buying a land or building a house. I would like to get your expert advice on what to check before buying a land. My thought process; planning to buy a land( minimum of 40...
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What are the rules of converting a 1031 property to own use or to the primary residency? I'm in GA today and wonder what if I buy a property in FL under 1031 exchange and show some (marginal) income for it but in 4-5 ...
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Anyone know how or if you can convert an apartment building into individual condo units? Or what the process is?