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
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Tan Su

Tan Su has started 7 posts and replied 42 times.

Post: Rezoning to Add a Unit

Tan SuPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 51
  • Votes 11
hi Harry,

I cannot give legal advice please do not take this as legal advice, but I can give a personal advise. 

Call the Chicago Zoning board of appeals and ask them directly why it is rejected and what can you do to make it accepted as a 3 unit.
https://www.chicago.gov/city/e...

If they tell you that there is a specific requirement you need satisfy then do it. if they tell you there is nothing you can do unless you request a re-zoning then consider whether you want to spend the money and time going through the rezoning process or accept it as is or reject the deal. 

USUALLY, there is a reason they reject what they have accepted. 

Originally posted by @Hemang S.:

@Tan Su, the property was actually accepted as a 3 unit in 2014 but now the zoning department is rejecting that. The 3 units are all above ground. Does that change your suggestion?

If anyone has attorney suggestions, I would appreciate them. Thanks!

Post: Rezoning to Add a Unit

Tan SuPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 51
  • Votes 11

rezoning is not feasible, it's very costly. if it's zoning a 2 unit then you are in a so called pre-existing non-conforming, check the floor area ratio if you are already over then there is not much you can do, however if you your FAR is below then there are potential opportunities for the garden unit considering the newly passed ordinance. 

Post: The quickly way to sell a property, need cash

Tan SuPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 51
  • Votes 11

Thanks I have posted it to craigslist. BF marketplace requires upgrade. 

Post: The quickly way to sell a property, need cash

Tan SuPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 51
  • Votes 11

I have a duplex property in Lorain OH that I want to sell immediately to get the cash, I have a few pictures but have a POS report, how do I sell my property in the quickest way? Do not want to involve a realtor the property value is low

Post: Wanted: Investor-Friendly Realtor in Lorain, OH

Tan SuPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 51
  • Votes 11

@Jeff M. Did you end up finding one? you can PM me I'll refer you to my realtor. I invested in Lorain and Elyria

Post: Looking for RE agent in Elyria to list recently foreclosed prop

Tan SuPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 51
  • Votes 11

@Bob Malecki Did you find the agent? I bought foreclosures in Elyria and my agent is a very good one. PM me for his contact as I very value my reference.  

Post: Sell by Sealed Bid Auction

Tan SuPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 51
  • Votes 11

I have a property that I wish to sell in Cleveland OH, and I wish to sell it by a Sealed Bid Auction. Can I just advertise and conduct the auction myself? Has anyone ever done that before? What's the procedure 

Post: Bay Area multi family investors in Cleveland Metro OH

Tan SuPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 51
  • Votes 11
Just wanted to start a thread for the Bay Area investors who have invested or plan to invest in Metro Cleveland Area OH, connect and invest!

Post: Tax Sale Property...Do I really need to hire an Attorney?

Tan SuPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 51
  • Votes 11
@Khloe Renee Williams I did once on my own. It’s a Florida certificate, I petitioned the tax deed and the property got foreclosed and then sold by the county on auction. I got the investment back plus 18% interest

Post: tax acquired property

Tan SuPosted
  • Real Estate Broker
  • Chicago, IL
  • Posts 51
  • Votes 11

@Norman Bamford What did you end up doing?