Recently closed on a property in Michigan with the seller maintaining the ability to occupy the house after closing. There is no specific language in our purchase agreement regarding the transfer of keys. Seller is ...
Hi BiggerPockets Crew,I currently live in Chicago and my unit is about to be sold in a multi-unit buyout for about a $100k profit. I've lived in the property for about 6 months with the intent of staying here for 1 ye...
I own 8 properties. I intended to buy one more. After the inspection, I decided not to go through with the purchase. As it was a multi unit building, the inspection was $2150. Can I deduct this loss against the gains...
For all you Condo & HOA managers out there:(a) What are the three biggest challenges you face in successfully managing your properties and (b) what strategies do you use to meet the expectations of the Board (sinc...
The most recent inflation numbers came back lower than expected, indicating that perhaps inflation has peaked (maybe). Here's a summary: https://www.cnbc.com/2022/11/1...However, the last time we had inflation like th...
I have a client who is building a mini storage complex and is looking for recommendations on property management software. Does anyone have a software they would recommend or not recommend for this?Thanks,John
So, in case my spouse and I pass as we have young kids, when using trust services to manage assets, real estate primarily, is it better to do flat fee for 1.5% or a trust services company that charges by the hour with...
I'm working on rehabbing my first buy and hold property, a SFH home with a 2 car garage I plan to eventually turn into a studio once the house is done and rented. I am trying to act as my own General Contractor and wh...
Are DSCR loans available for construction of fourplexes??
I feel that this is a series of stupid questions, but I’d like to get multiple opinions if possible
I am in the process of buying a piece of land located in Southern California. It is in an area where land is h...