All Forum Posts by: Sam Reddy

thanks @Maria D'Aura @Dennis Maynard I will go to Livermore building permit center and get the permit figured out

Hello,

There is a room in my recent home (@ Livermore, CA) that I bought that has a window, and closet but it is not listed as a bedroom as there is no door. I will be adding a door and I would like to get it officially changed to a bedroom so that records on zillow/redfin/realtor etc show that my home is a 4 bed instead of a 3 bed. How do I go about doing this?

Please advice.

-Sam

thanks for your advice @Todd Rasmussen @Rick Albert @Sheldon Zimmerman @Sonny Vu

thanks @Caleb Brown and @Dustin Allen for your reply. With the $300K I was just going to invest in a diversified stock portfolio or buy a single family home in either Brentwood or Tracy. I am making an assumption that a SFH in these areas might appreciate more than my condo, but I might be wrong.

Hello Biggerpockets,

I need a bit of advice. I own a condo (in Dublin, CA) that I am currently renting out. The rental I get is $2800. The costs are $2750 broken down as follows

• Principal and Interest = $1850 [30 year fixed at 3.5%]
• Taxes = $600
• HOA = $300

Renting the condo shouldn't be a problem as it is in a good school district and desirable area. Mortgage left on the condo is $375K (25 years left on the mortgage), similar condos in the community are selling for $750K. If I sell I will net around $300K after all fees (it was a primary home until recently so we will not need to pay taxes per the 2-out-5 rule].  

Would you advice I keep renting the condo as it breaks even with rent, or sell? 

Thanks for your time and advice

-Sam

Do you have any pain points you wish software solved for you? Let me know as with my deep expertise in Software development & Big Data I am looking to pick one problem to solve as a fun project as long as it has the potential to help at-least 1000 Real Estate Investors on a regular basis.

@Curt Davis The property management setup by the turnkey company is not communicative at all. Its super hard to get hold of anyone and that worries me (:

@james 

@James Martin The SFR is in E Holmes Rd / Elvis Presley Blvd neighborhood.

Folks, I am looking for a property management company for a turnkey house in Memphis. Do you have any recommendations?

Please let me know.

--Sam

Hello BP,

I am thinking of using savvylane.com to sell my primary home instead of the traditional route. Did you have any experiences with Savvy Lane before [http://savvylane.com/]?

How did the service work for you? Any positive/negative experiences?