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26 October 2020 | 18 replies
They are both shop space.
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3 October 2020 | 7 replies
As you know rent is quite low (median in Milwaukee is about 1,200 for a single family) yet you have the same infrastructure to maintain: one kitchen, one bath, one HVAC, one water heater etc - cost of replacing a water heater is the same, no matter if your rent is 700 or 1200 or 1600 (which is our typical rent for a SF).Income (rent) is a function of size: bedroom and bathroom count as well general space meaning square footage.
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22 October 2020 | 8 replies
I'm currently evaluating different syndicators and funds that are in the single family and multi family space.
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2 October 2020 | 0 replies
Industrial space in excellent location.
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2 October 2020 | 2 replies
This fan duct should be terminated to the exterior.11) CRAWL SPACE: A) There is a 5 foot diameter hole, and about 18 inches deep, in the ground under the center of the southfoundation wall.
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3 October 2020 | 1 reply
The tenant said he's been using space heaters for the past decade.
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3 October 2020 | 9 replies
Hear that.seems like alot of cash buyers that could easily afford it in summer of 2020.running out of inventory = increasing property valueslots of space for more though... probably even enough water near the mountains
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4 October 2020 | 10 replies
Hi BP Gurus / Seniors,I am new to the REI and placed an offer for my first multi-unit property.Here are the details.Area: Near by Shabbona Park, DunningNumber of Units: Legal 3Built: 1950Price: $455,000 ($450k (purchase) + $5k (Minor repairs: Nice to fix but not an immediate need))Loan Type: Conventional (20% down & 2.5% interest rate)Annual Gross Rent: $38,400 (Tenants pays Electricity + Gas)Annual Expenses (Property Tax + Insurance + City utility): $10,000Parking Space: 3 (Garage – 2 & Side Pad – 1)Other details: Exterior Brick, free laundry in basement, all units occupied and it is a turnkey property.Pros: Steps away to CTA Bus Stop; Good Elementary school (PK-8); Walkable to Shabbona Park Recreation, Restaurants and Grocery Stores; 10 mins drive to Schiller Woods; 15 mins drive to Airport & low crime to visit the property any time confidently.Cons: Below average High School & 20 mins CTA Bus to Blue Line.My Situation: I will be in Chicago area until next Summer and relocate to Texas.
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6 October 2020 | 5 replies
We sit down with our investors and underwrite a deal with them to really increase their aptitude in the apartment investing space, which helps them see the benefits of passive cash flow.
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4 October 2020 | 15 replies
(If you're not living on the edge, then you're taking up too much space)