I have the opportunity to purchase land for development but the seller wants in on the deal and I don't know how to structure the deal. The current owner was going to develop the land back in 2008 but, well we all kno...
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We have a tenant who is running an unlicensed daycare. Do we incur any liability? There is no exclusion in our rental agreement.
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Okay so I'll try to keep this concise. I'm looking for advice, and if anyone local is interested in perhaps taking over the project, having lunch/coffee, or recommending any good property managers/GCs, I'm all ears!I ...
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Hello!Does anyone have any good advice or resources on how to determine an expected vacancy rate for short or medium-term rentals in any given area? My original thought was to basically just triple what the normal vac...
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Hi BiggerPockets community!!I joined a few months ago, but I just recently started listening to the podcast and finding how helpful this forum can be. I’m excited to engage with everyone to find areas to add value. My...
Hey guys, I am currently thinking about putting an offer for a house. I spoke to a few GC about a 500 sq feet 1bed 1bath detached ADU in the back yard of the house. They gave me approximates of 100-120k. Does this sou...
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Ok, long story short. A seller lead came to us (business partner and I) 2 days before their house was to go on Sheriff's Sale. We negotiated with them that we would pay the arrears and then purchase the house from t...
Recently I’ve been contemplating selling my rental property. It is paid off and the only purpose of selling would be to put a downpayment on a bigger property with more units. Is it worth selling a paid off property? ...
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Hi,I am a single family home investor, however we are looking to sell our primary home in Chicago and moving to Dallas this summer.We have bought the Chicago home in Nov'22. Would I owe tax on the profit I make on the...
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There is an opportunity to partner with a few others to purchase a 24 unit apt building but all the units are studios. Does anyone have any experience with these types of building? Is there a high turnover of tenants...