Hello members,We got a house almost 10 years ago with a big lot. The house is leaning towards one side of the land, so we are currently working with the city to have the lot sub-divide, and have a new build on the ot...
I have a property that I am currently very interested in purchasing and it is on a double lot. I want to know if it is possible to slit the 2 lots and sell the 2nd, or build on it myself after I purchase?
Hi All,First month at BP and its been awesome!I am curious to get members opinions on how to split real estate when you have two 'managing partners' (manage all operations of the investment) and 2 or more investors. ...
I have been told that sub-metering this building is not a possibility (without spending ALOT of money to redo the plumbing). Currently, we divide the water bill among all the units every 6 months and bill the tenants....
Hello everyone. What would the process be to buy a piece of land, get it sub divided and build a couple houses on it? How do you find out if land can be sub divided before you actually purchase it?I see alot of new ho...
I'm running numbers for a master lease of a mixed use building: two commercial spaces and one apartment upstairs (Units A, B & C is the apartment).Units A & C are leased. Unit B is vacant and I'd like to sub...
A lot of real estate investors are worried about a crash due to the extreme market rises we have seen in both rents and in appreciation.I am not sure if I am an outcast on this subject but let me give you my advice on...
If I rent a condo for say, a week for $1,000 with a rental agent fee of 30% do I report for taxes $1,000 income and $300 expense?
Considering buying portfolios of a few single family rentals on loopnet. The scenario I'm ping ponging in my head at the moment is "What if I take out a loan for this portfolio and decided down the road that I want to...
My first post - ever! Unfortunately, my mother-in-law suffered a stroke last week and is currently in the hospital. It's likely she will not regain use of much her right side. This makes it very unlikely she can re...