Edward Heavrin
building new apartment in backyard
Hi all,
If I built a carriage house or granny flat in the backyard of one of my rentals and let's say it costs $80k, and I pay for it with cash, what would I need to make in monthly rent for it to make financial sen...
Nicolette Alger
Highest and best use of vacant lot
My husband and I own a rental property in Ohio. The deed also includes a parcel behind the home which is .41 acres. The parcel is land-locked. I am trying to figure out if we could pour a driveway to the parcel and...
Wayne Woodson
Nashville Growth Potential
Where do you guys think it will go?East Nashville is soo hot it's a desert. They are tearing down nice brick homes to build these 2 and sometimes 3 hipster townhouses on a single family lot. I guess I am claustrophobi...
Pat Giblin
FICO Property Report
I thought this would be interesting to everyone and I'm curious if others have stumbled across it. I was checking my FICO scores a few minutes ago and I saw that FICO is now providing property reports for purchase. ...
Andrew M.
AirBnB - Excessive AC use
Anyone have suggestions for strategies that could help elevate excessive AC use at a vacation rental?Aware of any split unit system that has a motion sensor accessory that would turn-off system when unit is vacant?We’...
Joe McLaughlin
STR Furnishing Checklist
Hi, I'm closing on my first STR in April a 3 Bed/3 Bath property. I'm starting to acquire furnishings and am looking for a checklist of sorts to help keep myself organized as I seek the best deals on high quality goo...
Natalie Medved
Furnishing STR Do's and Don'ts
Hi everyone:My husband and I are in the process of furnishing our transforming our second home in the White Mountains (Thornton, NH) into a STR. The market has a lot of baseline - economically friendly STRS but only ...
Andrew Maxion
How to get financing for a Accessory Dwelling Unit. Help please!!
Hey guys! I'm thinking adding an ADU for passive rental income in CA. Not really looking to do a Cash out refi, but was wondering if you have knowledge if hard money lenders are a good idea. Just need help getting dir...
David W.
Cost of Building an Accessory Dwelling Unit - ADU in Los Angeles
I am seeing that businesses are quoting approx $150 to $160 per sqft and $170 per sqft for bathroom/kitchen areas. I would LOVE to be a part of building it (I have re roofed, general plumbing repairs, drywall etc) to ...
Pearce G.
What's the value of an accessory/storage building for a rental?
I just put an offer on a 1100sqft 3/2 SFR on a half acre. Should rent for $1000-$1200. Was wondering if putting a pre-fab storage building in the back yard might allow me to charge an extra $100 or so. Any opinions...