Jim Cellini
Help with decision to add central air to a duplex in chicago
14 January 2020 | 1 reply
My questions are:1) Anyone familiar with Chicago, how much more could I reasonably get in rent with central air vs. wall units like what we have now?
Matthew Kesner
Buyer entered property before closing and made major alterations
14 January 2020 | 3 replies
The buyers entered the property (without permission) and made major modifications to the house(before closing) ie. taking down walls, doors, stealing tools from the garage.
Ron Ripley
Syndication passive investor: fast track question
8 April 2021 | 8 replies
Given that, I'd say, ensure that you have a well diversified portfolio that includes everything: Wall Street investments, and various type of alternatives in real estate and beyond.
Terrenze Walker
Selecting GCs to estimate repair costs
15 January 2020 | 6 replies
Offering someone $50 to give you a budget on a house you don’t own, and will never own may look like a waste of their time.
Kevin Akb
Frmr CRE Banker, USC Alum, REALTOR w/Rehab Exp in SoCal
14 January 2020 | 2 replies
Hi all, I'm based in the Los Angeles & Orange County, CA area and am interested in flipping homes.I have one quasi-BRRRR deal under my belt.About me:-Former Fortune 50 Commercial Real Estate Banker, specializing in distressed assets (restructuring/modifying notes, pursuing guarantors, foreclosing on assets)-Varying degree of experience in legal remedies (mediation, arbitration, bankruptcy etc.) with inside/outside counsel-$500,000,000+ RE transaction experience from west coast thru the mid-west-USC Business School Alum w/concentration in Real Estate Finance & Development-Licensed REALTOR in CA-Hands-on experience rehabbing real estate (full kitchen rehab, flooring, painting, spraying texture, removing load-bearing walls, bathroom rehab - have pictures from BRRRR project)[QUESTION] What is the proper approach to seeking a local mentor/partner on BP?
Kyler Lee
Buying a piece of land to make mobile home park
21 January 2020 | 5 replies
@Kyler Lee First of all, just a word of caution that this kind of project is usually a waste of time.
Lauren Griffin
Best multifamily Loan options for a 48 unit complex
25 January 2020 | 14 replies
I would be hiring a waste management company to service a dumpster and add that same amount that the tenant is paying in their electric bill to the rent.
Jason Posner
Duplex with flooding problem
14 January 2020 | 2 replies
Long story short, I put in a claim with the state and they settled with me after many phone calls for a dollar amount and did considerable work to the new road (new grading, storm drains, & cleaning the outlet a block down) and my property (retaining wall, moved my driveway, etc.) to help remedy the situation.
Fareed Khamitov
Index, stock, RE or keep saving.
14 January 2020 | 8 replies
@Fareed Khamitov I agree with @Jaron Walling that you are not in any rush, you're in a great spot financially.
Anthony Sinigaglio
LLC - Hire licensed contractors only?
15 January 2020 | 7 replies
I will use a licensed contractor to repair the HVAC, run a new electrical circuit, or open up a wall, etc.