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5 February 2025 | 13 replies
Here's the City link for you to reference. https://www.chicago.gov/city/en/depts/doh/provdrs/homeowners...1) ADU regulations specifically exclude Short-Term Rentals so don't do it if the intention is to short-term rental. 2) The ceiling height oh 6'10" is almost guaranteed to trigger digging a basement if you want to formalize as an ADU unit, especially if that height is further reduced by pipes or HVAC. 3)Ingress/egress is an issue for renting, as is that any bedroom also will need two (ie operable window/doorway).
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28 January 2025 | 11 replies
I would stop work until an itemized scope of work and cost to completion is established.
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24 January 2025 | 0 replies
The combination of Germany's stable economy, well-regulated property market, relatively low interest rates, and the opportunity for long-term capital appreciation make it a compelling choice for U.S.
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12 January 2025 | 1 reply
I’m not sure all of the regulations/rules to this in PA though.
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19 January 2025 | 4 replies
Hi Michael,I agree with Bruce that rephrasing other people’s content can be risky, as it could potentially lead to plagiarism issues, and it doesn’t establish your business as an authority in the field.
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17 January 2025 | 4 replies
How did you establish trust with your investors when you were starting out?
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12 January 2025 | 5 replies
I'm currently building up capital for future ventures and properties that I find on market, as well as attempting to find the best brokerage where I can work under an individual who is already more established.
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14 January 2025 | 25 replies
One thing to take note of is that a lot of places that are established STR markets have regulations stating that you have to honor future bookings.
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21 January 2025 | 18 replies
Once you hit a certain number of loans (check with your state dept of banking and finance or dept of business regulation), they might require you to have a license.
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22 January 2025 | 9 replies
Now, you can get some wholesalers but they usually don't know if the property will fit the requirements and regulations but you can learn that from the Realtor.