Linda M.
Heating with Electric furnace
7 January 2017 | 5 replies
I have had people look at the furnace to see why it does not blow hot air thru the vents ,it had been suggested that since the intake air vent is also located in the ceiling with the vents is the cause but no suggestion how to remedy that,I was also given the suggestion to insulate the space between the ceiling and the second floor unit,this is a condo complex,I did that but it has not proved to change the outcome of the production of heat,I have to say that the unit is on the first floor also has a very big three window side that is north facing and no building on that north side to block any of the cold north winds ,this is an old building converted to condos in the early 1990's ,I come to find that there is no insulation in the walls at all, so I know that is not helping hold any heat in the unit.I have installed ceiling fans on the suggestion of another person saying that would help..Okay the point is there is an element that is not working ,unplugged,not getting hot ,or whatever the case may be,the last person who worked on the furnace said that the blower motor was tripping the circuit so since he could not find a blower motor and ordering it would take 3 days so he used a condenser motor saying that it would be ok, but the tenant say the blower stays on longer and still does not produce much heat ,at my wits end and need to know exactly how to handle this heating problem without tearing down walls .I have went to home depot's service desk to get someone who is able to get me the right answer to this problem, I have an appointment on Monday can someone tell me what it takes to replace and element in an electric furnace,is it hard ,is it simple is it expensive will it help,can the condenser motor stay or should the motor blower be returned,is there anything I can read up on for more knowledge before Monday..Questions Questions Questions....
Erik Berard
Chicago, IL - New Member & First Time Buyer
10 October 2016 | 7 replies
Im a wholesaler in Chicago and I may be able to help you find a suitable income producing property.
Benjamin Barredo
Wholesale Deal Structuring
11 October 2016 | 63 replies
No skills necessary to buy and hold.advanced sales skills needed to wholesale or assign contracts a little factoid that podcasts and guru's leave out.I have owned 4 real estate brokerages over the years and as you know.. not everyone can be the otp producer.. and fully 50% of agents don't make it past 12 to 18 months no doubt about that.with wholesalers your taking it to another level.. they usually have to spend a good chunk of money that they may or may not have.. they lack basic sales skills.. and on top of that not much real estate knowledge.. you add that all up and its not a winning formula.. then you have the collateral damage.would you want your mother or father in the hands of someone like that.. then you simply have the out and out scammers.. and believe me I have run into my fair share of them..
Michael Ben-Edward
Ready to Work!
10 October 2016 | 1 reply
Don't waste time with the starters because 99.9% of them will give up and gets jobs when real estate does not produce results from sitting in your basement on the computer.
Account Closed
Contractor changing price midway
11 October 2016 | 16 replies
He would have to produce them.
Mike H.
Suggestions when tenant lost a key during lease?
14 October 2016 | 14 replies
One note: Lowe's, at least, won't re-key a lock unless you bought it there and can produce a receipt.
Eric Tofte
Tenant Claims they Paid Rent
10 October 2016 | 7 replies
Do not pay the fee unless they can produce the bank statement that shows the cancelled check fee.
Rubi Rey
wholesale beginner
26 October 2016 | 6 replies
They produce great trainings and I've made some good connections their too!
Lisa Renee
Buy and hold on a sight unseen
8 December 2016 | 25 replies
Patience is the key to make sure you find the right property that produces the return you are wanting to achieve.
Joshua Drummond
Every $25K Cash, Brings $10k Annually - Good Advice?
18 October 2016 | 24 replies
To put the numbers into perspective the first property calculated NOI based on a 40% expense ratio (somewhat low) would produce a annual NOI of $3720.If you assign a 10% return to the equity that still leaves a return on the property itself of about $1350/year.