Hello BP community.I have been looking at several 3 and 4 flats on South side of Chicago and was wondering if some local contractors could give us a general rule of thumb for costs to gut rehab each unit?Light rehab, ...
I'm looking at potentially getting into Section 8 investments. interested in hearing from investors that hold these in their portfolio. How have these properties performed from a cash flow perspective? What issues h...
I'm refinancing a 5 unit apartment building and the bank just started doing "EDR Collateral Screening". I think EDR stands for "Environmental Data Resources". The result is quoted below:
" EDR collateral screen out...
Hello BP!I'm hoping someone might have some guidance on a recent event that happened at my property in Cicero. Long story short is that my tenant apparently had some friends that stole from a local corner store and we...
Hi everyone, My name is Nate Broekhuizen and I just started as a Property Manager a few months ago and currently manage about 40 units. Consisting of single family, duplexes, and two fourplexes. The previous Property ...
Hey everyone! First meaningful post here so I figure I'll make it a good one. My better half and I are potentially moving to Burlington VT sometime before June when she starts classes and I'm leaning heavily on doing ...
Bought a multi-family in May and the neighbor is a nut job.Has an endless list of complaints, some valid and some not.He called the property code inspector two weeks after closing, and I have a laundry list of repairs...
I am a relatively new investor. Started in multifamily buy and holds in 2014. Decided this year to do my first flip. I found a deal that I want to put an offer on, but how do I structure the offer? For me I would be o...
Hi all, I am having my roof replaced on one of my SFR's and wanted to get an inspection after the work is complete. What is the best way to go about making sure the work that is completed is correct? I was thinking of...
The hot season is coming and it's time to get the evaporative coolers (swamp coolers) ready for summer. Evaporative coolers function by sucking the hot dry air through filter pads of aspen or plastic mesh that are sa...