Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago,

User Stats

870
Posts
345
Votes
Frank S.
  • Specialist
  • Chicago, IL
345
Votes |
870
Posts

Negotiation Assistance - Nonconforming Garden Unit Observed

Frank S.
  • Specialist
  • Chicago, IL
Posted

Hi BPs, 

Fortune brought me a motivated seller with a nonconforming garden unit, some may say illegal unit. Who am I to say?

I read about the code requirements, and de-conversion risk.  It can be as easy as removing the sink and stove or could require removing all partitions.  There is no chance the zoning can change.

What technique should I use to lower the price even more based on that observation - before the formal inspection? Cost to cure lingo or a plain new bid.

What techniques have you used when dealing with this?

Thanks!

Frank

Keywords

Chicago, multifamily, illegal basement, code violations

Loading replies...