David Friedman
Asked to Develop 80 Units on Religious Property
Hello BP,I've been asked by a religious organization that owns several acres of land to help them develop an 80+ unit, 55+ community.I've never developed on "Tax Exempt" religious property before and I'm not sure the ...
Mark Goodman
Converting a 3 unit into a 6 unit in Chicago. Costs?
I am looking at a very old 3 unit building in Chicago. It's zoned as a 6 unit and sits on two Chicago lots. I am expecting a full gut rehab here. I think the structure is sound, roof sound, windows okay and brickwork ...
Jared Trindade
ChatGPT Market Data Analysis for Fayetteville, NC
Today I asked ChatGPT a series of questions and gave it a long list prompt to spit out this market data. This is after quite a few attempts to make this a readable format. To be clear the data from CHATGPT is the same...
Derrick S.
RE Broker wants a WRAP rather than Sub2 - Explain like I'm 5?
I'm not sure about the suggestion of the broker that is selling this property. I requested a Sub2 agreement with the seller (It's in probate, they're just trying to get out without losing money), and the broker said t...
Daniel Bither
Property transfer & taxes
I have a question about a property transfer and taxes. To sum it up: What I’m trying to accomplish is to gain ownership of a home without resetting the property taxes to their current value. The story: My Grandparents...
Max Peterson
Analyzing deals in the greater Twin Cities area.
Hey Fellow Minnesotans,I am just trying to learn about our local rental market and good ways to do analysis. Such as does the 50% rule hold up well in the Minneapolis area? is the 1% rule a good fit for rents in this ...
Srini K.
Tax Certificates in Alabama
When you buy a tax certificate for vacant land in Alabama,1) Do you have to wait 3 years to get the tax deed and in the mean time have no right to the property2) Do you still have to take possession of the land after ...
Terry Landon
Can you inform a tenant their lease will not be renewed?
I have a problem tenant that we inherited from a purchase.
They are causing drama, breaking things and trying to blame it on weather or break ins.
They called the health dept after they harassed one of my workers a...
Brock W.
Phoenix - Sell SFR and cut losses or hold the property
Hello BiggerPocketers,I'm seriously considering selling a SFR, but want to get a sanity check from you.The property: 1150 sq ft, 3/2 detached home, 2 car garage, Estimated value $140K-$145KThe money: 2 years into a 30...
Eric Sebast
How to figure out zoning needs for STR?
Hey All,Finally just closed on a one room schoolhouse that we are going to rehab and turn into a STR (posted before about it, and its been a roller coaster to finally get to closing).My question is, its currently zone...