Hello BP’ers,My wife and I have decided to keep our fixer upper in Marin CA. The town we are moving to allows for ADU units and our property is a good size. Our thought is, we would be able to build an ADU quicker t...
I bought a house "as-is" but isn't the buyer still required to disclose known defects, and if they don't, can I sue? I was opening up a wall and lo-and-behold, the previous owner had dug out the crawl space to add sq...
I am looking in the Sarasota area especially Siesta Key, Longboat Key, and Lido beach. I also see that Lakewood Ranch is up and coming. Can anyone give some insight and advice into this area? Thank you in advance.
Hey BP Family!
A little background, I am new to RE investing and could really use a little advice. I am analyzing a turn key duplex in Houston, TX. Usually I would not be interested in turnkey as my goal would be to ...
Can Condo bylaws limit the # of children?We have rented a 2 BR condo to a single mother and her 3 children. Now the Condo board is telling us that we have exceeded the maximum # of children per unit. Is that even le...
What is the best way to research the demand for rental units in certain neighborhoods? I know the obvious areas like wicker park and bucktown, but those are not in my price range. I am seeking a triplex or fourplex ...
In the case of smaller properties that have lax or no financials, what approach to lenders take to underwriting/valuation? Are some types of lenders better for these than others? My gut feeling is that community bank...
Hi all, I have a question specific to Chicago zoning rules. I am looking at properties in several neighborhoods, usually zoned RS-3, often with lot sizes of 2400 sq ft. According to the zoning rules, an RS-3 propert...
Info about the property:
3 unit brick building located on southside of Chicago. Purchased for $442k. Appraised for $445k. Currently househacking it.I am out of my depth when it comes to insurance plans but after hour...
Good morning friends, My next door neighbor's house just sold for $160k after being fixed and flipped. This is convenient for me because I am soon getting my house appraised for my HELOC. The neighbor's house is a 3/...