Looking at a property built in the 1980s that the seller says is a 2/1 1606 square feet but all data bases I look at (Zillow, MLS, Propstream) show it as a 1/1 1070 square feet. Seller is advertising ARV based on the...
Hi everyone, I have a friend buying a SFR in Gardena, CA (not for investment), includes:First unit: 3 beds, 1 bath, 1 living roomBack unit: 1 bed, 1 bath, 1 living roomAfter inspection, she asked the seller to replace...
Hey all,
I have an offer accepted for a two-family property that I plan on utilizing as a rental. The property illicit great numbers (ROI, cash flow, sale price, etc.) Just before signing my contract, however, the se...
Ok so I just got into flipping houses, so I am very new at this. I made several mistakes that cost me a couple of thousand dollars and left even when I finally got the house completed. I learned from those mistakes an...
I came across and REO that looks like a good prospect to wholesale but it has 2 room additions that were built without permits. I spoke to the city engineering department and they said they would need to have plans su...
I have seen general questions and uncertainty from various people about multifamily properties and how they are classified during the application for a mortgage. There seems to be some ambiguity in determining the # o...
How do tax assessed values on commercial/residential properties go up or down?I'm looking at a commercial property that has been assessed at the same amount, $94,400, since 2007. It's a 5 unit property in a decent nei...
Hi,I'm in a new situation to me. I have a 1 bedroom apartment in Pennsylvania I'm renting out and a potential applicant that is a single mom with 2 kids under 2. Qualifications aside, is it legal to rent to her? I kno...
I have my first real property after becoming an accidental landlord. I want to transfer the gas and electric to them and there is a security deposit they they are required to pay to those companies. Should I be paying...
We are looking at investment properties in Brooklyn, and found one we liked and want to add an additional floor (two stories as of now, would go to three), but the zoning is M1-2, which is commercial. 90% of surround...