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I am planning to rent out my unit in a mixed-use building. However, there is a commercial duct running behind my bedroom wall that I strongly suspect is being used in violation of the building code. I am over 90% conf...
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Hello fellow BP'ers, does anyone here have direct experience in converting a Basement of a 2 flat into a Legal Apartment? In the condo boom I noticed a lot of basements being converted into condo's so I would imagine ...
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Hi Bigger Pockets Community!Have a question on how to handle a security deposit and new lease term for a rental. Last year, a boyfriend and girlfriend duo moved in.The girlfriend has graduated college and gotten a job...
Just bought a single family that is in RT-3.5 zoning, wanting to convert to a 2-flat or duplex, is there any reason this isn’t wouldn’t be do-able as it’s already zoned for such? Thanks in advance!
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Hello BP community!
I'm in talks for a property near a popular vacation destination that I would operate as a short-term rental. I am looking for advice on financing strategies because of the uniqueness of this prope...
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Hypothetical question - my parents own a old smaller home in a nice location in the city. Can anyone tell me what they think general ballpark/rough estimate would be for the amount that a good developer would charge t...
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Just got my re-assessment letters for 2016. Is it me or has the City of Milwaukee gone insane?My LOWEST increase on a multifamily property was 25%. I had one at an 80% increase!!! Most were around 40-60%.Has anyone el...
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Hello - I bought a 2 flat this past winter on the west side of Chicago. It is a 2 flat, with a basement unit (3rd unit) that is technically illegal. I believe it is illegal because it doesn't have separate utilities f...
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Hello, looking for someone with experience in zoning "administrative adjustment" in Chicago. I want to change RT-4 zoned 3 flat to 4 legal units. RT-4 zoning - 1000 sq ft of lot size per unit. Lot is 3969 sq ft so its...
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Hello BP family,My name is LaRaye Alderman and I am a New hungry REI investor with questions. I was informed to post my questions here and that the BP family would help me answer my questions. I haven't done my first ...