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?...
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...
Ian H.
Putting Additional Money Down After Purchase
I am working on getting the hang of doing cash flow calcs in preparation to buy my first investment property. I am trying to be extremely conservative in the numbers I use but I know this is obviously more of an art t...
Kate J.
Framing new roof over and addition
Folks, please guide me through the following. I have a house with addition and the ceiling in this addition is too low. I am planning to vault it. I have a flat roof and I think that either gabled or elevated flat wil...