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Let's see if I can keep this short and sweet. I just closed on a 7-unit building in Chicago for a very good price. My biggest and most expensive decision is whether or not to convert the massive boiler/radiator system...
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Let me start with a little history. We purchased this property in Indianapolis through a turn key provider. The turn key company purchased this property through a tax sale. We funded the flip and then they have taken ...
Hi everyone, just quick question here. If I am not doing an assignment and instead plan on doing a back to back closing using transactional funding for my A-B close, when I am advertising to my end buyer I sometimes g...
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We are thinking of adding another story onto one of our rentals before we sell it and would like to find out if it's even possible with the existing home. Does anyone know a good LICENSED engineer in the Denver area?
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So the sewer bill came in. The city says that they only send out one bill and it is to be billed to the owner.... how do I go about charging the tenant for it? It's $138. So that's like $69 a side. Do I just hit her a...
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I have some young tenants in a main floor of a house. They are respectful and nice, but did not think to inform me that the toilet was running all the time, though they noticed it was “always making noises.” I just re...
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My mom came to me today asking about a strategy she heard about where people are paying off their mortgage in 5 years. I was very skeptical about this and told her not to do anything before she did more research. In h...
Hi everyone, I work for a new carrier focused on rental apartments (single and multi-family properties).
We're on a mission to create a better insurance product for landlords/real estate investors.
What do you thin...
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My girlfriend lives in a MFR (4 unit including landlord in basement) and her landlord doesn't do much for the place as far as cosmetics, even a broken handrail which is hazardous. I don't have much information on him ...
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can everyone share a list of the due diligence they do once an offer has been accepted? (i.e request bank stmts to verify rent rolls)Thanks