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Looking at a 38 unit apt. Complex. Largest I’ve done so far is 8 units. What is industry standard for inspections? Are there differ types of inspectors for this? Do I need a structural engineer? Etc. anyone with expe...
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I am in the process of getting my first commercial property under contract. It is a 6000 SF 2-story building with 4 residential units and 2 retail spaces located in the suburbs north of Chicago. I just received a $120...
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Hello, My name is Ana I'm new to this site. I'm an investor in Union City. I currently own a 1 family and 2 family in Union City. I'm converting my 2 family into a 3 family. I got to say that it has not been an easy ...
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Hey everyone, for anyone starting out I just wanted to give some information and knowledge about how I got my first contract signed. Not closed yet! But signed! Inspection is going on this Saturday.Since the end of 20...
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Hi everyone,
I’m in the process of finding a house hack in NYC and just saw a 4 unit MFH home (2 floors, 2 units/floor) that has the FAR to add up to 2 additional floors, for 8 total units. I’m thinking of using a HE...
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Had a question regarding cost of building in medium and larger sized metros but not mega cities. This would exclude extremely large cities like LA, Chicago, NY, SF, PHI and smaller cities like Boise but include cities...
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I owe a two building triplex in Lake Worth, FL. I made this purchase last summer 2017. I was able to find three tenants and no problems with turning on their electricity within Lake Worth Utilities. They showed the le...
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My husband and I are evaluating a package deal on some duplexes. All of them need varying degrees of work but we have some concerns about one building in particular. One side is vacant and nearly entirely gutted (and ...
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Question about property management fees. I pay 9% of the gross rents collected to my property manager. They are now charging me $30 per house to go through and do an "inspection" on the property. The $30 is the fee...
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I am trying to get a better understanding of owning properties in Naperville, Plainfield and Aurora, IL. If you own properties in these towns, please let me know the following for each towns:- do i need rental license...