Hello BP, I purchased a legal 2-fam house in the Bronx (built in 1899) with an illegal attic unit that's a finished apartment with plans to househack and live in that unit and rent out the others. Right after closing ...
I am analyzing a possible deal for an 8 room boarding house in South Carolina. Motivated seller (property has become a headache for owner), 5 rooms currently occupied, paint and carpet rehab. Would a boarding house ...
Hey everyone, I am a new investor in the Denver metro area. My wife and I are looking to House Hack our first property. We are considering making an offer on a single family home this weekend. The home is unique in th...
Has anyone been successful at finishing a basement and turning it into a legal or illegal apartment to rent out as extra income?
Hello all, I already posted a detail analysis using the rental calculator. The link is:http://www.biggerpockets.com/forums/311/topics/184998-help-newbie-analyze-this-propertyToday I went to go view the property, here ...
A couple months ago I am looking for real estate (I am 100% new to real estate as I own nothing FYI). I come across a listing for a mobile home park with an exceptional cap rate. Someone who isn't me has been commu...
Hello,I purchased my first property this time last year. It is currently a 2 family however there is a walk up attack and a very high ceil basement. The basement has its own door that is on the side of the home, I men...
Hello everybody, a contractor in my area is interested in leasing the second floor (apartment) of my two family home. He's hired people I know in the past, and I've known of him for 1-2 years. He provides housing to e...
hope your all having a good week. I was wondering if I could pick some brain about the best strategy to go about on my current personal home, that was bought as a investment.
1) rent out my house- has two sets of wa...
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $130,000
Cash invested: $5,000
After receiving my first paycheck as a college grad I watched it disappear into my lan...