Rob S: buying an expensive house and renting the rooms? I am about to graduate college and have a large lump some of cash (100,000) and I can borrow money from my mom at a low rate (4%sh?). I was thinking about buying an expensive house and renting out the extra rooms. A house that would be about 1.3 million. I plan on making about 80k a year. … [Read more...] about buying an expensive house and renting the rooms?
Real Estate
Does it make $$$ sense to turn my garage into an apartment?
mande: Does it make $ $ $ sense to turn my garage into an apartment? What I mean is, I want to rent my house out, AND I've thought of building the garage into a one room apartment AND renting that to a 2nd tenant. Will I get more rent total, or will the loss of rent from tenant#1 (because of no garage) mean that it basically is a … [Read more...] about Does it make $$$ sense to turn my garage into an apartment?
What are the options when buying land and then building a structure, financially?
golver1: What are the options when buying land and then building a structure, financially? I am looking into buying some land in CT. How does one buy land and then pay for the cost of building a home and it's infrastructure? Do you buy the land on loan and then have to have cash in hand for the rest? Or when you take the loan for the land, do … [Read more...] about What are the options when buying land and then building a structure, financially?
How is buying a cooperative housing unit different than normal units?
JoeIQ: How is buying a cooperative housing unit different than normal units? I own a duplex but was thinking about buying a larger place. There are some for sale that are cooperative housing. What does that mean? I know taxes are lower. Do the tenants own the place? If I buy it, do I have to live there? What is different about cooperative … [Read more...] about How is buying a cooperative housing unit different than normal units?
What do I need to know about investing in “foreclosured real estate”?
mkmdulay: What do I need to know about investing in "foreclosured real estate"? I am a 21 yr old trying to invest in some real estate where do I start? Answers and Views: Answer by tsbr1963its foreclosed for a reason. are you good at rebuilding walls, foundations, getting rid of termites, etc??? Seriously...a friend of mine does it and it … [Read more...] about What do I need to know about investing in “foreclosured real estate”?
YOUR REAL ESTATE “SELL A HOME” MULITFAMILY DWELLING BY OWNER DOES NOT WORK!!!! and NOBODY CARES TO FIX IT!
tess d: YOUR REAL ESTATE "SELL A HOME" MULITFAMILY DWELLING BY OWNER DOES NOT WORK!!!! and NOBODY CARES TO FIX IT! i can' post my ad to sell my home. your yahoo pages are screwed up! i called your company, nobody cares! you are loosing money and pissing clients off! stupid stupid company! it hasn't been wroking for the last week and nobody is … [Read more...] about YOUR REAL ESTATE “SELL A HOME” MULITFAMILY DWELLING BY OWNER DOES NOT WORK!!!! and NOBODY CARES TO FIX IT!
real estate “title” issues?
dollady: real estate "title" issues? I have lived in the same house for 29 years (bought it new with 1st husband), have had several mortgages on it (2nd husband) and now the property is back in my name. in 01 a mortgage was taken out, in 02, a second was taken .. in 03 they were consolidated..and the bank never removed the leins from 01 and 02 … [Read more...] about real estate “title” issues?