Had some tenants that used a plastic carpet protector on wood laminate floors. The plastic had spikes on the bottom to keep it from sliding, and those spikes ended up digging divets into the laminate floors.I assume t...
I'm in the process of buying my first rental property in Lincoln Park and in a sticky situation. The owner claimed it was zoned as a 3 flat, but the zoning certificate came in as a 2 flat a few days before closing. ...
Hello,Looking to purchase my first home as a live in flip and could use some advice!Private sale from family member at 510000. Reno 50000. Plan to live in the house at least 2 years to avoid capital gains. ARV 600000....
I'm seeing wholesalers here in AZ asking 80% ARV flat (no reduction for repairs). Even a light cleaning would take at least 1 month of holding + closing costs on both sides. Almost every "deal" that's hit my Inbox nee...
I'm looking for anyone with some experiences on intensive water damage to properties... I've already talked to my contractor and I think we've properly accounted for costs, but I don't want to end up in a very bad sit...
ARV $125,000
Purchase $70,000
Rehab $23,000
Estimated time frame: 2 weeks
Rehab time frame: 4 weeks
Budget: $18,000
Analysis: Went 2 weeks over the estimated rehab time frame because I decided to to some of the work...
Hi all, Should I insure my rental for its rebuild cost or market value? This is if the property is completely destroyed by tornado or fire. Any recommendations? Currently I am buying a SFR for 81K, appraised at 90K
House hacking is an incredible way to live affordably while building wealth through real estate. The idea is simple: purchase a property, live in one part, and rent out the rest to offset your mortgage or even generat...
Hello Everyone
I would like your opinion on a fourplex apartments I would like to purchase. Here is some information: Asking 120K producing 2000.00 a month(500.00 per plex). They pay everything except Water. Flat ro...
Hello. I am trying to analyze these two deals . What do you guys think about these two 6 Flats for sale , these 2 deals?. Is any of them a good deal or not? Any thought on this. I am a novice and I am trying to ana...