Serge S.
Chicago (south side) help!
I'm an experienced RE investor in AZ and have only invested in my region thus far. I've been approached by an asset manager I've used to get incredible 50% ARV deals for the past few years with a small Chicago pack...
Bernie Granier
Using Property Mgt, who should be responsible for a bad tenant?
I'm still in the research phase of my real estate investing but, one thing I know is that I want to be an investor, not a land lord, so I would be using a property management company. I'm curious about something thou...
Ben Naught
Do I need a mortgage loan originator?
Hello BP, I've got questions about the proper way to sell my mobiles that I fix up.
What I do is purchase a mobile home. Have it transported to a parks empty pad and set up.
After the home is renovated and certifie...
Maverik Eaton
Having trouble getting started...
Hi! My name’s Maverik and I’m a 19 year old from California. I’ve been interested in investing for about 6 months now and I feel like I’ve barely scratched the surface in my Real Estate investing career. After countle...
Keith Belzner
Tenant / Buyer does not exercise option, now what?
Hi BP, Searching around but have not been able to find an answer to this question:For example I get property from seller with a L/O and then sell the option to tenant/buyer for my fee then get out of the picture. Aft...
Steven DAmbra
Are Condos a bad investment???
brand new here, first post.. this site looks awesome though..anyway....-Almost ready to buy my first home/ investment. I never hear anything about buying/renting out/selling condos. Are they a horrible investment? Doe...
Petit Morne
$550 / mo rent on $12k condo???
So I am back at it with these low purchase price condos.
This is for a 1br/1ba downstairs unit in a 110 unit complex.
Current owner bought property 6 months ago, rehabbed it and is flipping it (I talked...
Aaron Thivierge
Have an amazing cash flow multifamily to buy but there one problem
Hi fellow BP nation, I would like your opinion on this scenario. I am in discussion with a seller right now on an 8 unit property: (4) duplex's. The numbers work, and are as follows:Purchase price: $340,00025% down...
Scott Weaner
Removing Paint from Electrical Sockets
I will be closing on a Duplex in the next 2 weeks. The township won't give a CO as many plugs are painted. I told the owner that I will try to come up with a solution short of replacing the perfectly good outlets.Has ...
Justin Case
First Tenants moving out - Keeping most of the deposit & nervous about it
My first tenants are moving out and I am keeping all but $65 of the $1300 deposit.
I itemized everything per LT law and sent a letter with original receipts.
They are arguing already it was not received by today th...