29 January 2026 | 0 replies
Hey Chicago investors -Quick technical question on the Cook County AHSAP (Class 9) incentive.I am under contract on a 16-unit in Phoenix, IL, and we just received our formal approval letter from the Assessor reducing the AV by 25% through 2033.My question: When transferring title to the new partnership entity, does the 'Change of Ownership' affidavit need to be recorded before funding, or can the title company handle it simultaneously with the deed?
29 January 2026 | 0 replies
Hey Chicago investors -I have a specific question regarding the Cook County AHSAP (Affordable Housing Special Assessment Program).I am under contract on a building in Phoenix, IL, that just received its formal AHSAP approval letter (25% AV reduction) from the Assessor.
16 January 2026 | 11 replies
I recall having some clients invest in Cook county and it was not a good experience.
14 January 2026 | 12 replies
My Tenant checked into mental health facility.
12 February 2026 | 6 replies
Hi BiggerPockets Community,After spending my career in the single-family residential space, I’ve finally stepped into self-storage and just went under contract on a facility in Michigan.
3 February 2026 | 9 replies
It's not a standard loan - more like a revolving facility secured by a portfolio of judgments backed by real property.Three questions:How do lenders typically underwrite this - collateral equity or judgment face value?
10 February 2026 | 5 replies
Hey there, I’m a new investor in the storage industry and I’m looking at a self storage facility in central PA.
6 February 2026 | 2 replies
Two facilities a mile apart can perform completely differently based on visibility, access, competition density, and local move-in drivers.Operationally, most early mistakes happen around overestimating lease-up speed, underestimating capex for conversions or expansions, and assuming revenue management software replaces market knowledge.
9 February 2026 | 12 replies
I found the sale on the Cook County website.
28 January 2026 | 10 replies
Quote from @Clark Thornton: Hi @Ken Wingerd what have you got cooking in terms of Fl new construction?