Justin Knighten
Where to start with building an ADU
I'm looking into building a detached ADU on my property like the garage pictured (apartment for rental/AirBnB upstairs, garage for me on the main level). I've talked with the planning department and it looks like I'd...
Colin W.
Conversion to Rental Property - Tax Basis
When converting a property from personal use to a rental property, I understand you use the lesser of the adjusted basis (AB) or FMV. I've looked at comparable sales in the neighborhood at around the time of conversi...
Andrej Petrovski
Livonia House Flip #1
I spent all of 2014 and half of 2015 learning and prepping my self mentally to take the first step into real estate investing. Finally in late 2015 i set up my business entity and sought out for fix & flip deals. ...
David Toupin
Insurance: Is General Liability enough should we opt for more?
Getting quotes on the apartment buildings we have under contract right now. The General Liability quotes are ranging from $15-18k and one at $25k. With full coverage for flood, fire, quake, etc we are looking at abo...
Jackson Carr
New Member In Northern CA excited to be here!!
Hey All,My name is Jack Carr and I have finally come to the forum after months of listening to the podcast. I am in the Facilities and Maintenance management field in beautiful Napa (94559) California. I run the maint...
Jonathan Guerrero
New member post alert!
Hi, my name is Jonathan and I am an aspiring REI for long term rentals. I currently live in the Boston area and am looking for any connections or networking opportunities. I am looking to start out my journey with a m...
CL Ziegler
Ins. Claim on rental prop - Is it ever okay?
I have heard this is a no no, but I don't recall ever hearing why it's bad.I have confirmed hail damage on three roofs. Is there a down side if I file these as a claim? Am I guaranteed the policy will be cancelled? I ...
Maria Taylor
A few questions before buying our first flip
Hello everyone,
My husband and I have been studying up on investing our savings and flipping houses. We plan to start an LLC and buy our 1st property in a few months. We're looking for something in the 40K to 50K ra...
Brandon Combs
Looking to get a HELOC from my home to start investing.
Brand new to real estate investing. I own a home and have good equity in it so I’m thinking of getting a HELOC from my home to help buy my first short term rental property. I don’t have much cash to my name so would...
Hamlet J.
Should I buy a 6 unit apartment building with a septic system
Hello all,I am reviewing a decision if I should buy a 6 unit building with a septic system. The owner claim that he just invested 40k in a new system recently.The price is right and the area is good. Should I buy it o...