Carlos Quiros
Property Management Repair Questions
Hello to all-
New investor question to all that can answer. I have a new duplex, needs work. Property management contractor is about 15% higher vs a contractor I found.
How does one go about refusing to use their co...
Account Closed
Seeking Multi-Family Investment Property Advice in Chicago
Hi All,I am seeking advice regarding the Chicago multi-family investment market.As a first-time real estate investor, my interest in the Chicago market stems from the potential to buy a relatively inexpensive property...
Luis Pereiro
Need help requesting City/County to install a sewer line??
Hello BPI have rentals in an older neighborhood which is connected to the city sewer line, except for 1 street. Not sure why that is. I happen to have 2 of my rentals on that street. I've spoken to a few of the neighb...
Debbi Price
Simply, when does insurance *usually* cover the cost of damage?
I have no background in dealing with insurance companies and I feel like when I've spoken to agents I'm either getting conflicting information or I'm not explaining myself well enough.While I understand the policies a...
Nazz Wang
Help! Utility company wants extra $4,500 to redo functioning gas
Hello. I have a Wisconsin property with two buildings on a lot and the front building had a fire in December last year. I have collected the entire insurance payout and had started demolition in April. The back buildi...
Alma Ott
How to make money with Raw Land when you don't want to sell it
Does anyone have any suggestions on how to turn raw land into a money cow when you do not want to sell it, but you do not have money and no other resources for developing the land? The land is located in an area where...
Jake Engle
Starting with 60k, best way to utilize to get started
I am hoping to begin my real estate investing career in the very near future. I have a 60k Home Equity Line of Credit available at 2.25% (prime-1%). I found a property that is a steal of a price that doesn't need a...
Leo Plaza
Under contract for a 3 unit buy and hold rental property
Purchase Price: 440kDown Payment (25%): 110kRehab budget: 70kGross Monthly Rents after rehab: $4,250Net Monthly Rents after mortgage & expenses: $1,015Cap Rate: 7.6%Cash on Cash Return: 6.76%Property was built in ...
Marci Stein
gas hot water heater ripoff??
my tenant told me gas hot water heater is leaking big time - plumber replaced it with a new gas hot water hearter . over the phone quote was$ 450..
bill came today for $695,with labor. i thought initial quote...
Trever Nicoll
85% LTV lender in Chattanooga, TN on multifamily (2-3 fourplexes)
Hi all,I am looking to purchase 8-12 units in the Chattanooga area comprised of 2-3 fourplexes. I have worked with a lender in another state who will do 85% LTV with no PMI on non-owner occupied MF 2-4 units and am lo...