J Folsom
Buying single family home zoned as multi unit
We are under contract for a beautiful SFH in Chicago. But during attorney review see that the house is zoned for multi unit. We think the sellers bought it 6 years ago as a multi-unit, did some renovations and have li...
Greg Margetich
Value Added Opportunistic Investment
Investment Info:
Office Space fix & flip investment in Pineville.
Purchase price: $6,325,000
Cash invested: $2,100,000
Sale price: $15,000,000
100,000 SF 3-story office building in very good ...
Burt L.
Check Fraud by Former Tenants With Sec Deposit Return Check, Then Attempted Again!
Something new (?) to be aware of for landlords. I had some tenants who had been with me 2.5 years without issue and were on MTM lease. One day I received a call from a property mgmt co that they had applied for a new ...
James Montague
What to do when Leasee couples break up & want to alter the lease
What do others do?I let both parties on the lease know I am happy to amend the lease to remove one of them, but they will both need to sign it to release one party from the lease.Anyone else dealt with this before suc...
Alex Scheer
New Member from Dallas, TX
Hello BiggerPockets!I am a licensed attorney that mainly handles Labor, Employment and Criminal matters in the Dallas/Fort Worth area. Recently, my father and I have decided to look into real estate investing as an av...
Brandon Eleazer
Buying a rehab property midway under construction
Hi,I made an offer on a property where the owner has decided to sell it in the middle of turning it from a duplex to a single family. As part of due diligence I found a few active permits for the work being done: Elec...
James Carlson
Deciphering Airbnb bookings sheet?
I'm looking at an excel sheet of Airbnb bookings for a client of mine. It looks a little different than others I've seen. Anyone ever seen a printout from Airbnb that includes a column title "m_nights_altered" as seen...
Hanna Parker
Architectural plans for Chicago reno
I am currently under contract for my first flip and I was recently told that I need to get complete architectural drawings for various alterations to the house. If only three rooms and the back porch are being updated...
Pablo Mendez
Bought a home last week... Zillow updated and is off by $30K
Bought our first home last Friday, June 2nd. Listed for $188K, purchased for $188K, It appraised for $202KNow Realtor, Zillow etc have updated the info on this home and placed the value at $229K I've heard that they a...
Rick Howell
DO WE REALLY NEED BUILDING PERMITS IN TOLEDO OHIO?
Getting a building permit in Toledo OhioToledo, Ohio is a great place to live! The Glass City has seen some tough times but is now coming back in the economy is on the move. People are looking for houses to purchase; ...