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...
Hi all,
I have a one bedroom apartment I am looking to make some improvements on, but would like to get my budget critiqued before I commit...
Currently, this unit is rented at $650/ month. The previous landlord ca...
I am under contract for a home in North Knoxville that is currently set up as a duplex (2b/1ba upstairs; 2bd/2ba downstairs). Given that I am zoned for RN-1, am I legally allowed to use this house as a duplex? Further...
Investment Info:
Condo buy & hold investment.
Purchase price: $390,000
Cash invested: $150,000
Former Hebrew School converted to multi-unit condo residential with high-tech amenities and limited ...
Hey guys, I'm a new homebuyer/ investor in Ypsilanti, MI. I want to begin house hacking by purchasing a duplex close to my full time job, live in one side and rent out the other side to a tenant. It's been tough try...
Investment Info:
Small multi-family (2-4 units) fix & flip investment in Atlanta.
Purchase price: $175,000
Cash invested: $275,000
Sale price: $730,000
This was an abandoned hardware store...
I have a 3bd 2 bath cape cod house. The top floor is a 1 bd 1 bath, I was thinking about adding a shed dormer to create more room due to the sloped walls. I didn't know if it would bring a good ROI because eventually ...
Does anyone have experience with two story single family conversion into duplex. In my area it might be worth it to convert instead of purchasing a duplex because of high purchase costs for rentals.
Hello I would appreciate feedback from experienced developers. I am considering purchasing a 12k sq foot building with architectural plans already in place to convert to 12-14 condos. I walked the building with expe...
I JUST did a Fannie Mae cash-out refi on my principal residence. Now we found a residence that we want to purchase! Are there any restrictions that would prevent me from renting my current residence, if I purchase th...