Hi everyone, hoping I could get some help from anyone that has successfully applied for an STR/Airbnb in Chicago. I have now been denied 3 times. I have a 2-unit and I live in one and would like to Airbnb the other. I...
Hi all,I'm reviewing a P&L for a 7 unit building, and I've got a couple of (basic) questions:1. What am I looking for in here? Other than actual NOI and Expenses, what should I be considering?2. Are there any ot...
I have a condo in Washington DC and water damage from rain somehow leaked into my unit and damaged the floors. This was six months ago. The association fixed the problem causing the water to enter the building, but ...
In Dallas Texas, what happens after a land with commercial building attached is foreclosed on and auctioned off? The foreclosure was for an unpaid line of credit not taxes or anything? How soon would the tenant have t...
I just finished listening to BP Episode 605 with Christian & Cody where they spent some time talking about reaching out and connecting with multi-family property owners that they're interested in. They find the na...
I own 4 of 6 units in a three building multifamily (two units per building). The HoA agreement has been lost to time and I'm not excited to renegotiate. There is an oak tree whose limbs are encroaching on the rook of ...
Hi All,
Can anyone who's gone through the Davidson County, TN Owner-Occupied STR permit application process tell me how long it usually takes to get approved?
Also, any tips on how to expedite the process would be ...
Hi,My friend referred a contractor to me (who is her high school friend) and they are relative new but they have done a few new builds and additional, renovation. etc. Their cost/sqft is quite competitive. I'm buildin...
Hello all, this will be the first year I’m able to claim depreciation on 1 of my properties as it is a rental now. What do I need to do when filing my tax return? I like to keep it simple and see the same tax preparer...
I’m under contract on a 7 unit apartment complex and seller will not provide leases or any form of financial documentation validating the property’s monthly cash flow. His agent says the seller is willing to meet with...