I recently got involved in joint venture that's now starting to smell. The facts are:Partner is a general contractor who was supposed do the rehab, with his efforts and also using subs when needed. He's working off re...
I had 2 rental properties in Chicago. I sold 1 early this year and did not buy another property because I didn't want to. Hence I will probably pay a good chunk of change to uncle Sam when I file my 2024 taxes. I stil...
Hello,There is a SFR on the market (1200 sqft, 3b/2ba). Sale price is $78K but the seller wants to finance the deal, requiring 5% down and $850/month for 20 years. This translates into $204K over the life, in additi...
Hello everyone this is a question that has perplexed me while looking for hard money lenders. there are so many in the market to day making it hard to choose from.
Hello,
I'm Lulu, a total newbie, kind of got forced into this as the market crashed and we couldn't sell the house for a profit and my SO got transferred to a job 80 miles south of where we were living. Anybo...
A tenant in a property I don’t live near (but I don’t have a property manager for) said their garbage disposal isn’t working. A friend recommended that I just have the tenant buy a new one at Home Depot and use their ...
Any advice on starting to look for tenants before you have closed on property?Best practices?Start advertising? screening / showing, etc Thanks
Good Morning Everyone,
I have a bit of dilemma that I need help with, if you please. I have owned and managed a fourplex for a little over a year now. I actually LOVE IT. I love typing in my spreadsheets, taking car...
Hi all! What are the best fixer upper loans that include the hime loan and the renovation loan in one? I’ve done a bit of research but would like pro insight into the best of the best. I’m considering purchasing a hom...
I have a 12 unit apartment building under contract in Cleveland, OH. The building is vacant because the it has been neglected over the years. This presents a great opportunity for us to buy at a discount, rehab, and r...