Troy B.
Inherited chain smoker in multi-unit.
I'm closing on a 5 unit in a few days. The one tenant is a 68 year old veteran that smokes like a chimney. The apartment is already covered with brown walls and ceilings and can't really get much worse. The previous l...
Rich Hupper
representing a buyer purchasing his first four family
Hello fellow agents.I am representing a buyer buying his first investment property. The property is a 4 unit building. 3 of the 4 units are subsidized. The owner has owned the property for 6 years and has lived there ...
Oliver Yu
Subdividing Properties for Investment
I am exploring some opportunities to purchase properties in desirable areas with larger lots and subdividing them to build/sell more units. Is there a good resource on learning how evaluate these kinds of deals? Als...
Jimmy S.
sewer connection agreement
Hi,Long story short is I am allowing my neighbor to connect to my sewer line which I installed when I built a new home and was forced to put connections in for the other 2 neighbors since they both have a septic and I...
Chad Keilen
Investing and building a Team in Cleveland OH
Hello all, I am a REI near Atlanta Ga and have my eyes on the Cleveland OH market. I am interested in picking up a SFH and chiseling out "the core 4", so this SF would be a bit of a beta test to help me build the te...
Julie Timm
Tax implications on a 1031 exchange that you gifted but then became a mtg coborrower
My husband did a reverse 1031 exchange on a property over 20 years ago. He has never lived on the property. His intent is to totally gift the property to his daughter as her inheritance. It was originally held in h...
David Tower
Marketing house with unpermitted bed/bath
Hi folks,
I'm about to sell my home that I bought in 2009. It was originally a 3/1.5 raised ranch. In the finished lower level (all above ground) I added a bedroom and turned what was a crappy half bath in to a luxu...
Kevin Cullen
Do you provide a list/doc of design choices to your contractor for a rehab project?
Hi there! My first full rehab project is underway on a unit in a duplex and I'd love to hear from the BP community about how y'all typically handle communication of your design choices to you contractor.I am currently...
Michael Lawrence
24 Unit multi family (first deal)
Hello biggerpockets,I have found a 24 unit complex for sale that is mom and pop owned. After using the bigger pockets calculators I think it a good deal but I wanted to ask you all what documentation I should request ...
Palisa Kelley
Converting Multifamilies to Townhouses or Condos
I would like to learn more about converting two and three family properties into townhouses/condos. Can anyone recommend resources for that type of info? I would also be interested in hearing about people’s experience...