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All Forum Posts by: Mike Malicad

Mike Malicad has started 18 posts and replied 34 times.

Post: hubzu experience

Mike MalicadPosted
  • Morton Grove, IL
  • Posts 36
  • Votes 5

thanks for all the inputs... my lawyer wants me to stay out of it.. she had several bad experience with her clients  buying from hubzu. mainly title issues... @Katrina P. when did you purchased the deal at hubzu?

Post: hubzu experience

Mike MalicadPosted
  • Morton Grove, IL
  • Posts 36
  • Votes 5
hi bp members! has anybody got a success with hubzu.com? we just won a bid but our lawyer advise us not to deal with them...

Post: gas leak boiler!

Mike MalicadPosted
  • Morton Grove, IL
  • Posts 36
  • Votes 5
hi everyone! need help here. our boiler in out 11unit building has a gas leak accordng to peoples gas. so they need to shut it off. anyone experienced this?! totally clueless what to do. we have tenants in place. and this is our first time to be landlord. i called hvac company but didnt showed yesterday..called several today but couldnt come til next week... please help!!!

Post: 100K For Multi-Family/Apartment Investing

Mike MalicadPosted
  • Morton Grove, IL
  • Posts 36
  • Votes 5
you dont need to split the profit. just raise the 100k and offer them interest rate then pay them slowly.. its like dealing with a second bank..

Post: sec8 lease agreement

Mike MalicadPosted
  • Morton Grove, IL
  • Posts 36
  • Votes 5
hi fellow bp membes! just like to ask if there is a seperate lease agreement for sec8. or what do you specifically use?

Post: General Contractor South Loop Chicago

Mike MalicadPosted
  • Morton Grove, IL
  • Posts 36
  • Votes 5

pm sent for referal.

Post: need help!

Mike MalicadPosted
  • Morton Grove, IL
  • Posts 36
  • Votes 5

@Chris Medlin thank you for your input!

Post: need help!

Mike MalicadPosted
  • Morton Grove, IL
  • Posts 36
  • Votes 5

thank you everyone for replying to my questions! this is great help!!! 

Post: 1st day landlord

Mike MalicadPosted
  • Morton Grove, IL
  • Posts 36
  • Votes 5

i have tenants in place. they are on a minth to month basis. do i need to purchase property insurance right away?give them new contract? its a 11unit building. 

Post: need help!

Mike MalicadPosted
  • Morton Grove, IL
  • Posts 36
  • Votes 5
hi bp members! i know this is a newbie question! and probably asked multiple times... but i really dont know what information to ask the seller or the broker when purchasing commmercial properties before offering..