Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Results (10,000+)
Brandy Stanford WhatWouldYouDo if you were setting up a Trust & LLC for children?
13 June 2021 | 12 replies
Many wealth management firms offer this as an extension of their services for high net worth clients (you pay usually but its in-house counsel) who store a lot of money with them, and in some areas you can't kick a rock without finding a trust and estates attorney and wealth management firms.
Jordan M. How has your experience been flipping houses?
7 June 2021 | 21 replies
You are rocking it out, congrats!
Scott Lewis Convert fourplex to townhomes??
8 June 2021 | 5 replies
The factors here are several layers deep...1- The threshold decision is rooted in local ordinance and zoning...if you're in an area with tight local ordinances you're fighting with the people that live in the neighborhood before you ever reach the city zoning folks...this can go one of many ways2- ROI on the conversion...you're first stop should be with a local architect...they are worth their weight in gold when navigating a project like this and will wade through the regulatory waters much better than you...and a simple phone call may be telling to whether the conversion would be permissible.The extension of this is the cost of the renovation in relationship to the rents received...the stars would really have to align to say you should spend a significant amount of cash to convert a performing building with 4 revenue streams to serve another function (but there is more to this)...and the cost of construction (and lumber in particular) is 5 fold what it was 1.5 years ago...3- As you indicated...exit...I think the only rational reason to convert a 4-unit would be to get condo status or single family/ shared wall and sell one or both of the units to an end buyer (you are basically paying the role of a speculative developer here)...this is happening frequently in locations like Olde Towne East and Merion Village...hard to demonstrate how successful this has been, but it seems far fetched reasonable consumers would pay the same for a  free-standing SFR they would for half of a "duplex" or condo, but who knows for sure.Either way you look at it you're in a residential appraisal situation on the comparable sales approach....4 unit buildings are still "single family" homes. 
Josh Bowser Hello Bigger Pockets Family!
5 June 2021 | 2 replies
My name is Josh Bowser and I am from Slippery Rock, PA but currently living/working in Central KY!
Jacob Whitbeck Getting a nuisance tenant out
5 June 2021 | 4 replies
You say he hasn't technically done anything illegal or physical in the house so sending to court or rocking the boat is probably not in anyone's best interest. 
Maya Gavasheli Short Term Rentals(6 months up to one year) Needed in Hokessin DE
5 June 2021 | 0 replies
Dupont middle school/ North Star elementary zone there. 
Maya Gavasheli Short Term Rentals(6 months up to one year) Needed in Hokessin DE
5 June 2021 | 0 replies
Dupont middle school/ North Star elementary zone there.
Maya Gavasheli Short Term Rentals(6 months up to one year) Needed in Hokessin DE
5 June 2021 | 0 replies
Dupont middle school/ North Star elementary zone there.
Michael Sura Family dollar shopping center
17 June 2021 | 7 replies
If roof has rocks that need to be sucked off first and not just a layer but down to decking could cost even more.
Ben Lin Big city or small city
7 June 2021 | 6 replies
I live and work in Rock County, Wisconsin.