Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
13 January 2025 | 11 replies
@Mordechai ChaimovitzGreat points made above along with what @Daniel C. said referencing @Tom Shallcross's post on another thread.The context and variables for each individual investor will vary but many people are comfortable with getting a 2-4 unit that will reduce their out of pocket expense compared to their previous rent with the intent to do rehab and raise rents over time.
David Switzer
Question about ADA (no one seems to be doing it?)
14 January 2025 | 5 replies
Stairs are the only way to get in, no grab rails in the bathroom, ramps that are too steep, etc.From what I've read, all commercial businesses/buildings (including ones before the ADA was passed) have to comply with the rules, unless it would be outrageously tough to fix (like installing an elevator in an already built building).Are all these local business just not complying and taking the risk, or am I missing something?
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
This includes structural components of the building.
Rich Emery
DSCR without penalty for selling early?
19 December 2024 | 15 replies
Highlights:* no prepay on 12 mo bridge* 6 months guaranteed interest on a 24 month bridgeThese are interest only loans and the DSCR calculation isn’t a factor in the lending decision.Compare the cost of your lower interest rate DSCR loan, including PPP versus what the bridge would cost at a higher interest rate and no or minimal PPP.PPP=pre payment penalty :)
Josh H.
Buying Home from Auctions?
13 January 2025 | 8 replies
I have flipped 30 houses, including having 10 projects going simultaneously, one of which sold for $1.8 million.
Joel Gierbolini
Cheapest home insurance in florida
19 January 2025 | 2 replies
Popular companies in the area include Citizens Property Insurance (the state-backed option), Universal Property & Casualty, and Tower Hill Insurance.You might also want to work with an independent insurance agent who can shop around for you and find a policy that works for you.
Gloria C.
Best zip codes for investing in Huntsville?
10 January 2025 | 11 replies
. -- lots of factors to consider (including your personal strategy), but here are a few high level metrics to compare the most populous zip codes in HuntsvilleWelcome to drop me a message if you are interested in checking out the full report
Ryan K.
Inherited House: Renovate, Sell, or Wholesale?
29 December 2024 | 5 replies
You could also list the property FSBO at a reduced price since there wouldn't be an agent.
Yvonne Wang
Example of a contractor contract and work list?
4 January 2025 | 3 replies
I'm wondering how much specifics I need to include for each line item.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
Screening: Includes income verification and rental history verification.