Hello BP im looking for guidance on the purchase of a multi family unit in Chicago. Pictures look great however the owner/management seems to think that we should write a offer based on pictures. They didnt say we c...
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...
Hey Guys,
I am buying a bigger mixed unit building (15 apartments and 3 retail stores) the building needs a lot of work and evidence of lead paint is shown on the ceilings. Does anyone know the exact law for lead pai...
I am not sure how to phrase this question, the county record for a rental I am selling is incorrect, it does not have the correct square footage for a permitted addition, and the number of bedrooms is listed as three ...
Hi I'm just wondering if you should get a house inspected always BEFORE you make an offer to the seller. Just today I talked to a guy who's selling his house FSBO and I asked him if he gotten the house inspected. He d...
Hey guys,So I was looking at home inspecting for another source of income but I am worried about finding jobs to actually make this income. Do you guys have any tips on finding more jobs or getting more exposure to in...
Hello Biggerpockets,I am looking at buying a property that has had fire damage and has since been renovated. The current owner doesn't seem to have any information on the fire or remediation as they apparently bought...
This place has a trashy door that looks like they wrapped a wood door in sheet metal to get it rated. I want to replace it but can't get an answer from Buildings Dept (they're still a post-sandy mess). Does anyone kno...
Hi Everyone, I just listed my vacant unit on Zillow and it’s my first time screening tenants. So far 80% of the people who have inquired are section 8 and ask if I accept vouchers. I did some light research and I know...
Introduction
Buying a property can be a thrilling adventure, especially when you're searching for the perfect place to call home or a smart investment opportunity.But before you dive headfirst into the world of real ...