Shannon Erickson
51% Owner Occupied Rules- 49% Renter- HOA Condo Rules
Hello all!My condo building HOA has a rule about 51% of the building needing to be owner occupied, leaving only 49% to be renter occupied. This is managed by the Board of Directors with the HOA- other homeowners withi...
Jimmy H.
Potential issues with being an agent
I am considering getting my real estate license to sell some property that my family and I own, to save transaction cost on RE investments that I purchase or divest, and to have supplemental income.
Although it will ...
Brittany Olson
Purchasing investment property in your own name vs starting LLC
I am 25 and would like to start investing in real estate and building a portfolio. What are the pros and cons to buying property in my name vs starting and LLC and creating my own real estate investment business?
Kyle Conrad
Exclusive marketing rights to raw land property?
Curious as to whether anyone's ever signed an exclusive marketing contract with a potential buyer. Essentially, I'd like to pay the seller a fee for granting me the right to marketing his property. I'd pay him $500, m...
Calvin Schmeling
On Market Deal, Buyer Backs Out
I was planning on Wholesaling this on market deal that I had locked in contract. In the contract it states Im buying it as is and attaining tennants. I was completely aware of both. I didn't find out from my agent how...
Jared Gordon
10 unit apt building. First deal but numbers aren't working.
So i've stumbled upon what I thought would be a good deal. A 10 unit apartment building. Owner willing to finance and is motivated. I got the current property management company to provide me with a list of expenses a...
Wesley F.
New Build has not started
Hi BiggerPockets community,This is my first post but unfortunately, not a post with good news. I found a builder/developer that was advertising new build duplexes in an established community. The city where the new ...
Glen Fernandes
Minimum Parking Requirements in Downtown Chicago
Current State: 2-unit (2-BR 1 BA each) with unfinished basement (egress and height requirements in place) in West TownRehab Goal: 3-unit (3-BR 1 BA each) Issue: A local architect mentioned that while the property was ...
Kyle Critchnau
Cash to move out?
I've got a property lead here in Broken Arrow, Oklahoma, and they're wanting $1000 to move out and the rest at closing. Has anyone ever done that before? I'm torn on what to say because it really sounds sketchy to me,...
Yocheved Beer
Is there an response to this concern on a subject to purchase
Hi all,
I made an offer on a house subject to and it got rejected because the seller is nervous that if i dont pay then they will get foreclosed on.
Is there something called a performance deed that would deed the p...