We purchased a property in Chicago at auction that is one of the standard Chicago greystone multi unit structures. However, this was illegally converted to a single family residence I believe sometime back in the 90s ...
My partner and I have just started a house flipping business and plan to use local workers whom we trust and who have done remodels on investment properties for us before. However, these workers are not licensed, but ...
Investment Info:
Other buy & hold investment.
Purchase price: $40,000
Sale price: $135,000
Originally purchased 27 acres to build a new home, but purchased a spec home instead. Held the land, obt...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $48,500
Cash invested: $23,000
Sale price: $134,900
Fully renovated 3 bedroom 1 bath sfh
What made you...
Hi guys, we recently rented an Airbnb and had a horrible horrible horrible tenants that we had to evict. Airbnb canceled the reservation and I thought the nightmare was over but seven days later I got a violation from...
In North Carolina where I flipped my last house, I was required to use the property I was flipping as my primary residence in order to legally make repairs to it and I had to live in it for one year prior to selling i...
Hi all, Is the only way to figure out where future development planning is occurring is to go to city council meetings? Any one have any tricks/tips on figuring this out before development occurs so that we can try to...
So I’m doing my 1st flip and I’ve been getting a mixed response on wether or not pulling permits is a good idea. On one side I’m being told that it’s a must and that it’ll hurt me once the inspector comes through. Con...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $39,500
Cash invested: $30,000
This was a bank owned property. Remolded in 2010 to include widows, siding, a garag...
I am underway on my first flip. This home is a simple paint, floors and kitchen cabinets. I received a stop work order, and had a inspector walk thru the home. I am being told that "this amount of work has to be al...