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Possible change in depreciation?
With a D controlled legislature, the strong possibility of 2008 tax code changes may impact depreciation schedules.
Has this possibility altered how you are evaluating your deals?
Jill Rossi
How much is new construction in Raleigh/Durham?
Hi all! I'm looking at a house in Durham that's going to need an addition, probably 600 sq. ft. What does it typically cost per sq. ft. for new construction/addition in Durham? ARV should be in the mid 200's. Than...
Kyle Beckwith
New tenant relations
Our newest tenant has been in our single family home 1 month and we’ve already had some issues. 1. rent was late and they are upset with us for making them pay the late fee. 2. A sink was added in the basement for her...
Juan Alvarez
Addition onto a brick house
Hello all, I have searched around the internet and I can't find info on building an addition onto a BRICK house. I want to know if I am I limited to using existing openings (doors, windows) to connect new spaces, such...
Rob Wii
Basement Occupancy when Buying New Property
Hi,
I am looking at purchasing a detached one family property in Queens with a fully finished basement. It is advertised as one living level.
The property is classed as A9-1 Family Dwelling in zoning distric R4-1 a...
Account Closed
Code Violations: Pasadena CA
My brokerage is working on a property in Pasadena CA that has a long list of code violations(see attached photos). Despite several attempts, I have been unable to get any answers from the permit center or code com...
Matthew Olszak
Chicago CHA Owners Briefing and Question
I attended a CHA Owners Briefing the other day, and have to say I was pleasantly surprised at what I heard. I though for sure I would languish through the 2 hours, but with the great presenter it went quickly and was ...
Pedro Echevarria
Construction with no permit
I'm wondering to add a porch outside my house and renovate the basement. I'm thinking about adding two windows myself. What happens if I go to sell the house and I have done these projects without a permit? What are t...
Pablo Mendez
Bought a home last week... Zillow updated and is off by $30K
Bought our first home last Friday, June 2nd. Listed for $188K, purchased for $188K, It appraised for $202KNow Realtor, Zillow etc have updated the info on this home and placed the value at $229K I've heard that they a...
Mark Cruse
Baltimore Multi Family
I’m thinking about picking up a property in Baltimore that may be able to convert to 2 units. The lady told me most of the properties around there operate this way. With this one, it used to be metered separately but ...