Saika Maeda
ADU permit or not; financial implications
20 December 2024 | 27 replies
You can only play games for so long.Chances are your next door neighbor is an IRS agent and turns you in when your tenants blocks their drive or some other random event disturbing your IRS neighbor.ADU catches fire and your insurance won't cover you, because it was an illegal and unpermitted structure.The city inspector told the last guy not to build or rent it, and is now pissed and wants to make an example of you and just red tags the whole property and no one can occupy for the next 1-2-3 years while you wait for a hearing.Then when you get the hearing, "staff" recommends you tear the whole structure down, and if you still want an ADU, you can apply for a permit and rebuild it.Your tenant quits paying rent and won't move out and you can't evict them, because there is no valid lease and they're just your "roommate".Probably a dozen other bad things can happen to you when you do stuff like this.
Alex Fenske
I bought a neighborhood strip center and brought no money to the closing
24 December 2024 | 1 reply
Driving around the neighborhood over time, I saw the same van at a few other houses.
Trevor Scheumann
Investing In a New Market
14 December 2024 | 9 replies
The next thing I would do is drive a few prospective areas that I might want to invest in later.
Aileen Ouyang
Keep or Sell?
2 January 2025 | 9 replies
It is possible, but you have to put in the work; driving for dollars, mailer campaigns, cold calling, building lists, etc.
Henry Clark
Belize Teak Plantation
4 January 2025 | 67 replies
Will use our 4 wheel drive tractor to pull between the tree rows.
Chris Primavera
Considering first time STR investment in Gatlinburg area, looking for advice.
28 December 2024 | 12 replies
And if construction doesn't start up soon and return to precovid growth, you're going to see a nice gap that helps drive occupancies even a little further up until it does.
Glenn McCrorey
I quit my job today
29 December 2024 | 253 replies
There are so many moving parts (variables) it will drive you crazy.
Lenny Grzeskiewicz
Multi Family Lead Generation
17 December 2024 | 3 replies
Drive for dollars in all of the multifamily areas, especially closest to you.
David Charles
New to BiggerPockets!
19 December 2024 | 13 replies
As far as investing out of state goes, I would pick something you can drive to in 4 hrs or less.
Sheila Steubing
REI GAME CHANGERS Reviews James Hodges
4 January 2025 | 18 replies
(I mean Special Financing Company)...Since REI Hame Changers has chosen to associate themselves with such a s***** business, I would never touch them with a 10-ft pole...On Monday , January 6, 2025, I am going to open up a huge can of whup *** on these people...First I will file fraud charges at my bank to stop any further payments .Then I will personally drive to Missouri if I have to to get my money back.They ( REI and special financing company)will then be charged for everything to do with that trip-Plus I will sue them for the substantial lost wages because I have to deal with this-!!