Assume that you have a 1100 square foot cabin renting on Airbnb that you want to incrementally improve over time and later take a HELOC to reinvest.
You have the following two options (below). Which would you choose ...
Hello, BP community!! Recently, I acquired a 2 families property ( with finished basement) ; I would like to convert it to legal 3 families property. Any BP members can give us advice and share experience in conv...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $320,000
Cash invested: $60,000
Duplex conversion from a single family home. 1/2 is rented out and we are f...
About us: Used the BRRR strategy, have 5 doors in 3 properties with $300k in equity and $1800 cashflow per month. Started in 2020.Bought a single family home in mid June 2022. Its zoned for use as SFR, duplex, triplex...
There is a somewhat complex, but powerful tax strategy unique to RE investors that expands upon the Mad Fientists roth conversion ladder. 1. High Income professional over the income bracket that allows you to deduct R...
Hey all,In my area I have seen a lot of RS5 lots being converted to RM-15A in my area in East Nashville.I currently have multiple RS10 lots in a row. All are previously R10 until the big change in the late 90s.
I k...
I am curious to hear if you have converted a church property into a short term or long term rental? What were unexpected things? What went well? What did you do with all of that space/how did you divide it, if at all ...
Conversation & The Real Estate Investor
One key that makes investors is conversation or should I say "The Art Of Conversation".
All successful investors are skilled in conversation and I'm not talking about the ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
Cash invested: $250,000
A 1 family to 2 family conversion property in East Elmhurst NY.
...
Hi BP Community,
Does anyone know how a large scale condo conversion project finds financing for the end buyer? Looking at the underwriting rules for FHA and CONV investors can only own a certain percentage of the ...