I just got an application from a BRHP voucher holder. They receive funds from and follow many of the protocols as Section 8; however, it appears they don't pay as much as Section 8 in some neighborhoods (their design...
Hey guys - looking to get into the wholesale game in order to start building up cash for a down payment on other investments. Found a property here in Jax, FL that is in a great location, just needs some love.I'm want...
I am currently a week from closing on a fourplex. Last week we had the inspection and some issues were brought up concerning the roof. This is a flat membrane rubber roof. I just had a contractor out to bid on the roo...
I have been told(by a loan broker) that our building won't pass a seismic, even though it has the Los Angeles required retrofit improvements, because it is a five story brick building, and generally they don't pass a...
I'm still in the beginning stages of analyzing properties and learning what is a great investment opportunity and what should be avoided. My realtor sent me an updated listing for a property that we've been monito...
I'm looking at purchasing a 7-plex multi-family building. Asking price is 229k. The trailing 12-month NOI is 27k for a rough cap rate of 11.7%. Avg rent of $500 per door. That seems decent to me. Yet, the building has...
Hello Everyone, I just signed my first contract for a three unit and have started to prepare for the inspection. I have lined up a electrician and a contractor to walk through the property. How do you prepare for insp...
Fellow real estate investors, I am currently working on a flip and this being my first flip, I would like to know your thoughts.Based on the comps, we knew at the time of the buying and during construction what is goi...
Looking to flip (or possibly BRRRR) a property in the Chicagoland suburbs, but it has failed many things on its municipal inspection (really no surprise - it's a highly distressed property). Here is my question to tho...
I have a REO home that I am interested in however there is a very unique situation.
On the outside of one corner the siding has rotted out completely and the home has been vacant for over 2 years. Roof leaks, termit...