John Arendsen
Calculating value added for "granny flat" additions or ADU's
Is there a formula used by RE Professionals that calculates the viability of adding room additions, granny flats, garage apartments, aka Accessory Dwelling Units (ADU's), etc.to a property that meets the zoning, build...
Matthew McNeil
Property Manager wants to be named as “Additionally Insured”
I'm the primary insured, but my PM wants to be included on Liability policy. Has anyone heard of this?My insurer refused to accommodate the request saying they've had problems with PMs named in their policies, althou...
Janel Briones
how does {HELOC / additional purchase Loans + debt carried} work?
I am obtaining a HELOC on my primary residence to then use for the down payment(s) for investment properties, that I would also have an additional purchase loan(s) on.
What should I factor in, to decide what amount...
Craig Norris
Second story addition flips: Who's doing them in Socal?
Hi all,I'm beginning a direct mail campaign in a desirable neighborhood in OC. Entry on a fixer (original build dates are 1950-1970) is somewhere between $700-800k. Sale price after rehab - including 2nd story additio...
John Jacobs
Lender as Additional Insured on the Liability Insurance Certific.
My self-directed IRA is the lender on the refinancing of a property. This is a duplex. This is a B- asset in a B+/A- suburb of Indianapolis. The value of the property is $125,000-$140,000 as is. With a little cosmetic...
Brian Garlington
Potential Renter asking for additional cleaning/painting be done
I'd like to get feedback from the forum as to this situation and how I've answered her.....I have a potential renter that has gone through the background check successfully, and I've talked to her previous landlords a...
Juan Calles
5 unit building - leveraging equity to buy additional property
Investment Info:
Large multi-family (5+ units) buy & hold investment in Guttenberg.
Purchase price: $346,500
This is a buy and hold 5 unit building. I purchased the property from a family, whose dad ...
Michael Marchione
Ideas to fund additional to Hard money in foreclosures
I own Populi Property Investments, LLC and have recently relocated to Sarasota, Fl from Massachusetts. This area is gorgeous and there is an immense amount of real estate activity, with amazing potential for investors...
Asim G.
Need insurance. SFR has open walls for addition/remodel
Hi,My home is undergoing remodel/addition and it will have open walls/roofs for the next couple of months. I have a mortgage on this house and need an active insurance policy on this home. Can someone tell me which in...
Thomas Shepard
Profitable to Rent out Carport for Additional Rental Income?
My house has a covered carport that is about 12' x 20' that could easily fit a large vehicle or a small-medium RV and I'm considering if there is an opportunity to rent it out for rental income. The house is in the C...