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Results (250)
Mary Witt A question about landlord liability
2 July 2024 | 1 reply

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...

Aaron Frances Basement conversion into a legal Apartment Chicago
20 February 2017 | 2 replies

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 ...

Misty Alderman How to handle deposit when one tenant moves out and another in?
2 October 2019 | 6 replies

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...

Laura Ra Chicago RT-3.5 zoning
26 February 2021 | 2 replies

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!

James Alderman Unique Property Financing Options
11 April 2022 | 4 replies

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...

Anthony Mei Any rough developer cost estimates to build new 2 unit home?
1 February 2023 | 14 replies

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...

Nick L. Insane city assessment values!
20 April 2017 | 12 replies

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...

David VanWinkle Chicago Multi-Family Re-Zoning Question
10 July 2019 | 4 replies

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...

Garfield M. Chicago zoning administrative adjustment
21 September 2022 | 11 replies

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...

LaRaye Alderman Real Estate Investing
18 September 2016 | 2 replies

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 ...