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27 June 2024 | 26 replies
I want to sell it and take the profit from the primary res half, and reinvest the other half via 1031 exchange (I believe that is the correct designation).
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26 June 2024 | 1 reply
I remember when I completed my first ground-up new construction here in Chicago - FELT AMAZING to finish.Our biggest lessons learned were around getting the water service done early on because of our harsh winters and making sure we keep our designer in check!
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27 June 2024 | 17 replies
Bigger Pockets has an abundance of resources, from articles to podcasts and forums, all designed to help you learn the ins and outs of real estate investing.
26 June 2024 | 7 replies
It became a social hub for BBQs and gatherings.In terms of resale, a well-designed patio can definitely add appeal for potential buyers or investors looking at multi-family properties.
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26 June 2024 | 12 replies
We GC and design (and actually I'm a RE agent) in Waco!
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26 June 2024 | 5 replies
Agree they are both tenants and you can't keep it from the other tenant.If she gives notice you can send them both their own move out letter which would give him a chance to react.Agree the other one can stay if they want to and qualify.We always designate one tenant as the primary, in the lease, and make it clear that they are the decision maker.
26 June 2024 | 34 replies
By parking your profits in these designated areas, you can delay and maybe even shave off some capital gains taxes.
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25 June 2024 | 1 reply
Look for beginner-friendly courses to build your knowledge base.Networking and Mentorship:Join Real Estate Forums: Engage with online communities such as BiggerPockets, where you can ask questions, share experiences, and learn from seasoned investors.Attend Local Meetups: Look for real estate investment clubs or meetups in your area.
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25 June 2024 | 6 replies
We don't have gas out there now, but we do have power and sewer/plumbing in the garage because of the permitted rec room and bathroom.My biggest question is the ADU designation.
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26 June 2024 | 8 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.