Hi guys,I have a property in Santa Barbara county and I am trying to convert a room into a 4th bedroom. In order for it to be officially called a bedroom I need to get the county building department to issue a permit...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Chicago Heights.
After a few years of research, running the numbers, backing out of a few deals based on inspections (nerves about ...
With the help of an Inspection Report of a property you are planning to buy, you get a good idea about the true condition of the property. And guess what? It even saves you money!
Let’s just assume you inspect a prop...
I just acquired a house for cash in the city of Cleveland. I've owned it for about 30 days and today I got a hang tag on the door saying the plumbing inspector was here to inspect the water heater. I called the city a...
Hello Everyone,Let me start by telling you I have only done Wholesaling, Fix & Flips as well as New Construction at this point in my real estate investing career. I have finally decided to try Multi-Family investi...
I've seen the rule of thumb that you shouldn't buy a property older than 30 years for value-add multi families. In some markets (like Cincinnati) the up-and-coming areas consist of properties that can be much older; b...
This is my first large renovation where we are adding an addition to the back patio and new attached garage (in Dallas).
We had an engineer do a foundation design and hired a concrete company to form the foundation b...
Hello everyone,I looked at a 2700 sq. ft. property today and I need some advice on utilities. I'm trying to break down expenses to get an idea of cash flow every month. Currently the building is vacant. It has 8 units...
Hello everyone
What's your take on legalizing properties with illegal additions?
I found a great property at a great price. The city requires reoccupancy certificate every time the property exchanges hands. It's an ...
Hi Everyone, I put an offer in on my first multi family building: a 7 unit, 100 year old building in Albany NY (Most North East inventory in my price range is this age). The question is: any specific items or red flag...