Mergim Kacija
HOA fined me $12,000 for allegedly short-term renting my condo (Chicago)
Hello BP Community,I've been accused of short-term renting my unit (which I have not) and was fined $12,000. Furthermore, the building's bylaws have a 25% rental cap, and my unit is NOT approved, yet I informed them t...
Joe Butcher
Free and clear: Cash offer or seller fin.?
Heres the situation:
The house is owned free and clear
Seller is motivated but not desperate. It was listed on MLS and didn't sell.
ARV: $150k
Rehab est: 20k
My cash offer: 80k
I...
James Wise
James Wise turns down $500,000 TV deal.
A couple years ago we turned down a deal to do a TV show with the producers of the show Ice Road Truckers on the History Channel. That was a tough decision because the typical pay for a deal like this is $500,000.At 1...
Sean Taylor
Mistakes made... Looking for advice
As the title suggests, I can already admit to mistakes for this deal. What I need help with is how to pivot. In March 2022 we bought a 4bd home in Montgomery TX (about 45 min north of Houston). My wife wanted an STR a...
Timothy W.
Prepping for Cap and Trade effects
Alright,
As wrong as it is, it's a reality. No use pissing and moaning - we're going to have to deal with it. What exactly does it mean for us and what exactly are we going to have to do? I've m...
Victor Zhou
1% rule area in Canada (income properties)
Hello fellow Canadians, I had been investing in US mainly due to their good web infrastructures on finding deals and managing them through property managers. However, with the financing structure of being a Canadian ...
John Sanderson
Customer Service as a Standard
All too often I get the feeling that most here on Bigger Pockets operate under the terms "It's my way, or the highway". What most, in my opinion, fail to realize is that as a property owner, you are providing a servic...
Mike Nelson
Wholesaling Flyer service, tired of doing it myself
Can anyone recommend a service for mailing wholesale flyers? I usually do my own, but its too darn time consuming as I now have a buyers list of over 650 buyers in my state but only physical addresses. I would prefe...
Bryan Hancock
Title III Rules Go Live This Friday - Only Took 3 Years ;-)
This passage courtesy of Scott Purcell at FundAmerica:BREAKING NEWS – The SEC will Vote on Final Rules for Title III Crowdfunding this Friday October 30th @ 10amWhat does this mean? At long last, ...
John Williams
Can't find properties meeting the Rule of 2% (or Rule of 1%)
I'm considering a jump into residential real estate as an investment opportunity and have read about the Rule of 1% and Rule of 2% (i.e. monthly rent should be 1-2% of the property price). I understand they aren't nec...