Jeff Hanson
Worth paying a bit more to gain access to additional properties?
We've come across a duplex that we're interested in purchasing (placed an offer on it of $137.5k), where the owner is a real estate investor at the tail end of their career and is planning on shedding their portfolio ...
Hament Raju Mahajan
Adding a new property as additional collateral to an existing loan.
I have an existing Note (Note 1) secured by a deed of trust in California on a SFR (property 1).The borrower has agreed to bring in additional property (Property 2)as a collateral after Note 1 is completed as a c...
Giselle Delgado
Applying for a heloc. Adding new rental income as additional inc
Hello ! Sorry for my newbie question. I recently purchase a 3 unit rental property I use a heloc from my first duplex to do so. My question is I do have equity on this new 3 unit and I want to get a heloc for a new in...
Lisa Casey
How to report expenses on a rental when adding an addition?
We decided to add an addition, master bedroom/bath, to our rental house. It did not go as planned and need advice on how to report expenses with no current rental income on my tax return. The rental house was shut do...
Andy Chen
Can I charge water and sewer in addition to rent cap?
Hi all, I am in California. Just took over a property. The previous owner did not charge water and sewer. I want to change the lease and start charging for it.Current rent is $1,500. Based on 7.2% cap, I can only rais...
Alma Mills
Anyone know how to get permit for additional unit in LA?
Looking at a property that has 3 units on it but only 2 are permitted. I am aware that you need 2 off street parking spots for each unit to be permitted and this property has that. Anyone know how this is done, w...
Sylvia Yaeger
Can HOA limit 1 owner from adding additional gardens/mulch areas
Can an HOA limit only 1 homesowner from adding gardens or mulch areas - no one else is affected by this demand.I recently requested to the HOA to replace a area between 2 mulch areas with a ground cover as the grass i...
Michael Tripoli
How much value would an additional unit add to a property?
1,508 square foot 3 bedroom, 2 bathroom single family home on an 8,400 square foot lot in Sunland, CA, in need of $5,900 in minor cosmetic work.There is a 400 square foot detached garage in the back that can be conver...
Carl Randal
Why would landlords be afraid of creating additional streams of income?
I joined a company that provides discounted pricing for TV (cable or satellite), Phone (voip), Internet, Gas, and Electrical service. In addition, when a customer applies for service through my website, I get a re...
Patrick Micozzi
Using a basement as additional living space in single family home
This is a valuation question regarding finished basements and the effect of them on the properties value. Certainly, there are many things that enhance the quality and livability of the additional space created. A f...