Dawn Young
extra person living with tenants.....
Hi, the tenants we have in one of our houses seems to have another person living with them. I need to address this with them, but what do I say if they say he's "just visiting"? What constitutes "living" there, and ...
Joshua Harbor
Extra people living in rental
Our tenants have moved in their parents, who are not on the lease. There is limited parking at the property, and we don't want 4 adults in the property. Their lease says guests can only stay for two weeks. Does anyon...
Denisse Salinas
Should I convert a garage into extra living space
Hello! I am working on my first flip in the Houston area and I am wondering if I should convert a garage into extra living space. I bought a small 3 bedroom and 1 bath home at a good price, but unfortunately the house...
Ryan Leong
Live-in and rent out extra rooms
Hi everyone, I have been looking in to buying a 3 bedroom 2 bath SFH or a condo/duplex in Southern California. My plan was to do conventional loans to finance the property and then live in it while fixing it up. In th...
Tina Lee
Extra 2 people living on the unit
Hi all, I am about to send a email to my tenant saying the followingMs. Tenant It has been brought to our attention that there are now a total of 3people residing in your unit In addition there has been a significanti...
Adam Hurst
Adding Value to Portfolio without Purchasing More Property
The market I am in, as with most markets right now, is a sellers market. It is growing difficult to acquire houses with numbers that make sense. I had a different idea that may apply to a few of my properties. Let me ...
Fay Brown
Legal Basement in-law in Providence
Will having a legal basement in-law cost more for taxes and homeowners ins.??? We don’t plan on renting it out, we want it for extra living space...The house is in Providence...
Mark Koontz
More Bedrooms vs Better Living Space
Good evening, I am currently flipping a ~550 square foot house in a low income area. Population is ~50,000. Median household income ~$41,000. The house is a total gut with an entire new floorplan. I decided to go with...
Adam Hurst
Adding Value to Portfolio without Purchasing More Property
The market I am in, as with most markets right now, is a sellers market. It is growing difficult to acquire houses with numbers that make sense. I had a different idea that may apply to a few of my properties. Let me ...
Glenn Gillen
FHA Loan Theoretical (Garage as extra living-space!)
Interested in trying the FHA loan route to acquire first investment property. I understand that the property must be occupied for 1-year, and mixed reviews as to whether rooms can be rented out during that time peri...