J S.
Refinancing Private Mortgage Procedure
We financed the purchase of a home for our daughter. We are agreeable to refinancing the loan at a lower rate. The original mortgage was secured with a promissory note and a mortgage document filed with county. Can...
Cerise Goldberg
Tenant wants to move out before contract is over
This is my first rental property and my tenants want to move out due to family. They have 6 months left on their lease. Not sure what to do. Help!
Chi Zhang
Chicago conversion 2 DU to 5 DU with zoning change
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $400,000
Cash invested: $450,000
Orig a mix-used 2 unit in B1-2 zoning, a zoning amendment was obtained to up...
Ed Chandler
My tax guy messed up. Now what do I do!?!
Hey there BP, I need some advice! After recently reading the book on tax strategies for the savvy real estate investor, I decided to review my past returns. Guess what! My taxes are all messed up! The good news is ...
Lisa Jessup
HOA out of control
I own a condo in a complex of 20 units that's currently tenant occupied. In the past, I've received some pretty outrageous notices from my HOA; things like "children no longer allowed in the common areas", and telling...
Cole Farrell
Upfront Costs to Syndicating 506(b) in 2022
Hey there!I've been investing in small multifamily for a few years and I've done everything from flips, to professional management, to wholesaling and more. With that said, I'm looking to advance to my end goal - inve...
Andy Mirza
Do not buy NC notes with LNA
We were in the bidding phase of buying a NPN in Charlotte, North Carolina, when we discovered that Lost Note Affidavits (LNA's) only work for the entity that last had possession of the note. The right to enforce the p...
Arthur Chou
Adding basement ADU outside of Chicago pilot zone
Hey guys, I've been a long time lurker - first time poster. I've been looking to buy a multifamily home in Chicago for the past few months now. I've been going through the motions of assessing properties and I've le...
Account Closed
STRs in Scottsdale: New Regulations
. . . If you don't have a Permit (Yep, click bait, but I gotcha) Here is the actual Report - it's not really so bad.
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New short-term rental curbs take...
Shayne Hastings
NEED ADVICE: Want Out of Multifamily Deal
Hello all, I'm looking to get out of a 5-unit multifamily property my business partner and I have. We have a 50/50 partnership under our LLC. I want to take my portion and diversify into other properties and he wants ...