27 February 2024 | 5 replies
Hello everyone, im a newbie investor in Chicago that is starting to wholesale I understand most of the wholesaling process and just have one question to ask.
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1 March 2024 | 140 replies
And not loose too much in the process!
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26 February 2024 | 13 replies
Assuming they're refusing to pay, pore over every detail of your lease and proceed with exactly the processes called out by it (and get advice from your lawyer concerning State laws/procedures to follow in case they may trump your lease terms).
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26 February 2024 | 16 replies
Was the total time 6 months for the entire process?
26 February 2024 | 5 replies
I was hoping to find someone I can talk to that can help me throughout the process.
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26 February 2024 | 4 replies
Hi Jonah - I am working on a new tool aimed at making real estate investment analysis a data-driven process.
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28 February 2024 | 48 replies
Watching the process, ESPECIALLY the sanding was not something I felt comfortable with.
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28 February 2024 | 31 replies
Agreed,Should have been removed during rehab process but sometimes it can be missed.Rehabbed hundreds and many times the crews miss stuff so not completely on the seller.I always tell our investors to have common sense when doing a building inspection.Anything that can affect the long term sustainability of the property like foundation, roof, mechanics, HWH, furnace, electrical, plumbing is on us.Any cosmetic stuff that won't really affect rent or cashflow is up to negotiation.If investor is adamant on being fixed, we will fix but at a cost.There is no such thing as perfection on 50-100 year old homes.The demographic in my area also doesn't require perfection.If they do, we don't rent to such folks and advise the suburbs which come at a 3x monthly rent compared to the city.The tree should be removed by the seller and foundation addressed.Doesn't look too major to me anyway.Thanks
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27 February 2024 | 11 replies
It's a straightforward process that keeps everything organized.
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26 February 2024 | 9 replies
Point here being: 1) you want it done right; 2) you do not want to be responsible for someone elses accidents; 3) You want to streamline your process (everyone is happier this way); and 4) you want to run your buisness as a business.