Patrick Fidell
Los Angeles ADU Fees
Hello, we are converting our garage to a 1200sqft, 3 bed 2 bath ADU. The process has been a slog to say the least but we are now 99% of the way through the permitting stages. The only thing left is an $8943 permit fee...
Alex M.
Hardwood Floors: Getting the best bang for the buck
I love hardwood floors and prefer them over vinyl and laminate, but wood is very expensive.Does anybody have experience with either utility oak or reclaimed hardwood?Utility oak is commonly a low grade hard wood, usua...
Daniel J.
Taxes and how to structure a "Partnership"
Hey All,I have two different questions but they are ultimately linked. I'm super confused at this point on the tax advantages of buy and hold RE. I have been talking with my aunt who is a CPA here in the Houston, Texa...
David S.
Cash out re-fi options on a fourplex to use for the next deal
I’m finishing a renovation on a 4plex, and am trying to figure out my next step. I am going to do a cash out re-fi, but would appreciate advice from here. Appraisal should come in around $550kOption 15.25% for a conve...
Amber Rueda
Death on Property - How Much Does This Decline Property Value?
Hi BP!I'm looking into to purchasing a flip property where the owner recently died in the home. The after reno value of this property,without a death in the home, will be around $400k. How much decrease in value shoul...
John McDermon
Finding a reputable inspector and/or appraiser out of state
I'm looking into buying properties out of state through a turn-key company. Once I've got a couple of deals under my belt and an established relationship with trust built on past performance I don't think I'll need to...
Daniel Hughes
How do you manage the threat of asbestos in a house hack?
The title really says it all. I'm looking at small multifamily properties in the Oklahoma City market (mainly duplexes) and I've noticed that most of the properties I'm seeing are old (built prior to 1980). I've read ...
Dave Vidales-Sanjuan
How early should I contact a real estate agent if I want to buy in the winter time?
-I plan on buying my first house hack in the Pinellas County area around winter time when hopefully prices drop a bit.-I will reach my savings goal in September. No debt and good credit score.Are there any steps I sho...
Steven Bays
Interviewing hard money lender
I wonder if anyone could help me with some pointers or questions on interviewing hard money lenders, banks for financing or refinancing investment properties.If you also know of a book that addresses this specificall...
Corey Dutton
Mounting Compliance Costs Eating Up Lender Profits
According to an article from MPAMag.com, lender’s profits have been affected by the high costs of compliance that have been mounting since 2008.
According to MPAMag.com, “Production expenses in the third quar...