One major problem is that unless you want to jump through hoops, you will be inspecting it with no utilities.

Screwdriver, pliers, claw hammer, utility knife and extra blades15.

Is $5000 too much to ask for an assignment fee for a duplex if my:ARV $81,000Repairs $20,000Purchase Price $13,500 Closing Cost $8,100Estimated Profit $39,400 or Estimated Monthly Rent $1100-$1500Now this doesn't include any holding costs such as mortgage pymts, taxes, insurance, and utilities.

You might not be able to gain access and the utilities might be turned off.

One reason is that many wholesale deals don't have all the utilities on and/or working.

I intend to utilize an accountant and an attorney to prepare the final documentation but I wanted to have my ducks in a row before I start ticking the timer on a paid professionals desk.

As a proper business, that utilizes credit information to make financial decisions, you pay business rates for this information.

The only items that tenants pay for are their own utilities, not to include water, sewer and trash.

Illinois RequirementsProperty management activities that involve general administration, like contracting for property maintenance (garbage pick-up, etc.) and paying general expenses (utilities, etc.), do NOT require a real estate license.

Hello everyone, I’m very interested in getting into the real estate investing field, so all I’ve been doing lately is acquiring some basic creative purchasing and financing tactics I could use to help out motivated sellers and myself, it’s a true win/win.So my questions are:1- I know this question depends on the seller’s needs and my financial ability, but under what perfect conditions should I try to utilize each creative tactic (subject-to, lease options, contract of deed, straight options, and owner financing)2- What contracts I must use and have signed when utilizing each creative tactic (subject-to, lease options, contract of deeds, straight options, and owner financing)3- Once the appropriate contracts are used/signed for each tactic, what are the following steps I must take; now I’m not talking about the complete a-z steps.