22 November 2024 | 2 replies
For instance my 90 lot subdivision at one point I had 90 legal descriptions and parcels on one master deed.. as I sold them off we just deeded them out separately.. its super common especially in older platted cities were lots might have been small like 25 X 100 and someone bought 3 of them and then built one home on all three.. some places they force merge them others you can go back and recreate the Old lots of record.. there is millions upon millions made by those that know how to find shadow plats and bring to life underlying parcels.
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25 November 2024 | 5 replies
I have noticed with all of the guru's out there, it's gotten more difficult.
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19 November 2024 | 23 replies
Software is a common question on BiggerPockets.
22 November 2024 | 3 replies
Hi Conner, this is very common with MTRs.
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20 November 2024 | 8 replies
If the lease is ending be sure you have given the proper notice of non-renewal of the lease.
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21 November 2024 | 39 replies
So first thing they notice is the "landlord" operating property is not the same as entity on deed.
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21 November 2024 | 10 replies
All this fancy mumbo fha guideline gumbo means is that your projected market rents assuming all units, if it were rented Times 75% need to be greater than what your monthly payment is (PITIA = principal/interest/taxes/insurance/assessments monthly), other wise FHA will not lend at that loan amount so common solutions to this when rents are too low in your local market are to put more money down payment which defeats the whole purpose of low 3.5% down FHA doesnt it?
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21 November 2024 | 11 replies
Super common in Chicago.
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20 November 2024 | 9 replies
If you end up giving them the notice to vacate do not offer the option to sign a lease.
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21 November 2024 | 3 replies
Commonly it's gas.What about electric and gas?