Melanie Middien
Convert a two bedroom into a one bedroom and a studio for rental?
Hello, I have a duplex (one is a two bedroom) and the second is a gutted two bedroom which I am considering turning into a one bedroom and a studio. My gut tells me that it will be more profitable as a rental and for...
Matt Honeyford
Business management question: What's the best way to manage cash
So... I may have just made a mistake that cost me some cash. And, it's not that I lost the cash, it's that I didn't account for it properly. During a flip I had made my guys a couple checks, those checks I had thought...
Ty Primers
Draftsman for Spec House ?
Could a draftsman use their own designs for a spec build in Missouri as long as they get stamped by a structural engineer first? Would it make the cost/process any easier that way since it’s following a set blueprint ...
Hezekiah Butler
Beginning analysis turnkey
I have come across several turnkey properties, and in my ongoing efforts to learn and educate myself I am hoping to find some guidance in what would typically be the next step in analysis, based on the information I h...
Sarah Hunt
AIRBNB Homeowners Insurance
We have an accepted offer on our very first vacation rental! However the first homeowner insurance quote I received was more than my residential homes insurance and my home is worth 4 times as much. Does any one have ...
Brooks Ryan
Buying a personal residence and then renting it out (and buying another personal)
I’m curious to get thoughts on the following:For context, I live in Houston TX.I’m new to real estate (investments or personal residence), and I am considering buying a personal residence (single family home) and livi...
James Krusmark
House hacking in Tacoma
I'm very close to having a single family home in Tacoma under contract. I plan to house hack it by renting out most of the bedrooms. The home will have communal bathrooms, kitchen, and laundry areas. I haven't been...
Alan Phan
Purchasing 2nd home as an investment for parents - suggestions/advice needed
We purchased our home during covid and we have a chunk in equity, which we do not want to tap into. If we were to sell, we're looking 1.2-1.5mil.Our situation is we want to purchase another property for my parents to ...
Sherylyn Holden
Converse, TX STRs
Hi everyone!I’ve heard a lot of mixed reviews about the STR community in Converse, TX or near there. Can anyone share their experiences? Ive seen a lot of up and coming apartments and houses being built in that area, ...
Todd Mason
Is this a Possible 1031 Strategy?
Thinking about how to best structure a 1031....Loan balance: $125K...... Est net sales price( after all closing cost ) $310KEst net proceeds: $185K.... This would be the amount to roll over into 1031 and put towards n...