
21 August 2015 | 4 replies
To me that starts bordering on greed.

16 September 2015 | 12 replies
But at our meetup and on our webpage through our forums, we want to encourage people to think beyond their borders (if it makes sense for them) and invest where the best opportunities lie.With a strong dollar, I'm sure there are a lot of interesting places to invest if you can assemble the right teams.Thanks for reading and taking the time to comment.

23 August 2015 | 2 replies
Home Specs: 3/1.75 1500 sq ft, 5400 sq feet lotList price: $375,000Purchase price: $340,000ARV:$440,000 (comps verified with homes sold in 1/4 mile radius in last 30 days, not to mention a few pending listing at $460ish)Rehab: $20,000-Scope of work: -Paint int and ext-finish original hardwood floors 1200 sq ft-new windows- install 1 ext double door -landscape back and front yards -bath1: new shower pan/tile, vanity, bathroom flooring, light fixture -bath2: epoxy coat tub and add tile border, new vanity, new flooring, light fixture -3 new mirrored closet doors-1 water heater-kitchen tile-retouch white cabinets and add modern hardware-5 int doors-door hardware, hinges, electric plate coversHard Money Loan Terms: $300,000 with 3.5 points and 12% interest$40,000 cash for purchase$20,000 cash for rehab$10,500 cash for hard $ points$9,000 holding for 3 months (1.5 month rehab, 1.5 month market and sale)The largest concern is the shower pan in the bathroom caused flooding and destroyed a portion of the bathroom subfloor, I made sure to mention to my inspector that I need him to verify that there are no signs of mold under the home.

25 August 2015 | 24 replies
Home Specs: 3/1.75 1500 sq ft, 5400 sq feet lotList price: $375,000Purchase price: $340,000ARV:$440,000 (comps verified with homes sold in 1/4 mile radius in last 30 days, not to mention a few pending listing at $460ish)Rehab: $20,000-Scope of work: -Paint int and ext-finish original hardwood floors 1200 sq ft-new windows- install 1 ext double door -landscape back and front yards -bath1: new shower pan/tile, vanity, bathroom flooring, light fixture -bath2: epoxy coat tub and add tile border, new vanity, new flooring, light fixture -3 new mirrored closet doors-1 water heater-kitchen tile-retouch white cabinets and add modern hardware-5 int doors-door hardware, hinges, electric plate coversHard Money Loan Terms: $300,000 with 3.5 points and 12% interest$40,000 cash for purchase$11,000 possible payout for selling agent commission$9,000 closing cost (will attempt to have seller pay closing)$10,500 cash for hard $ points$9,000 holding for 3 months (1.5 month rehab, 1.5 month market and sale)The largest concern is the shower pan in the bathroom caused flooding and destroyed a portion of the bathroom subfloor, I made sure to mention to my inspector that I need him to verify that there are no signs of mold under the home.

23 January 2016 | 18 replies
We get a huge influx of IL folks crossing the border because of the school system and cost of living.

3 September 2015 | 3 replies
Particularly on the Maryland side of the border where wholesaling is sort of a gray area.There is also the fact that it is constantly pounded into our brains by our local Realtor board that we are licensed to help in the purchasing and selling of properties.

1 September 2015 | 2 replies
Hey all!First, I would just like start off by saying that I am very glad I found this website and community. I have been reading a lot of your posts on the forum, and I appreciate how you are all helping each other ou...

5 July 2016 | 74 replies
They have excellent graphs that help to visually display where you're at financially.

18 December 2015 | 11 replies
This is my first investment property purchase.Location: Sugar Creek (right on the border of Independence, close to the intersection of highway 24 and Sterling Ave), neighborhood rated B+, low/no crimeProperty: Built 1917, 6 bedroom 3 bath, 2 story, 2,200 square feet, 2 car attached garagePlanned Renovation: New tile flooring in kitchen and baths, new countertops, new carpet throughout, appliances, new light fixtures, interior paint, exterior pain, new water heater.

9 September 2015 | 18 replies
I've never had an issue with my rental because people jump the border for the better schools (vs south Chicago suburbs) yet lower cost of living.