Jacob Vorreuter
Weighing solo investment(s) vs syndicated deals
Background: I'm an accredited investor with some cash I'd like to put to work in real estate. My goal is to build up passive income generating assets over the next 5-7 years to achieve financial freedom. Although I've...
Danny Duran
Buying a Property with Mold in it
BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
Corey Demuth
What is required to get rid of cigarette smoke odor, staining, etc?
I am looking at a condo and the owners have smoked heavily in it for years. When you walk in you get hit with a strong cigarette smell and you can see some residue on the walls from it. Also, the unit is carpeted so I...
Christopher Erwin
How My Burst Pipes May Turn Into a 40+% CoC Return!
Re-Post from my BP Blog --> My recent tenant mishap led to burst pipes and thousands of $$ in plumbing, carpet, paint & cleaning. Worth it? 100% IMO...read on for why! All feedback is welcomed and encouraged.--...
Jo-Ann Lapin
Who thinks mobile home parks are cash cows?
If run properly mobile home parks can be a sound long term investment. No dealing with rentals are beaten by tenants. Info structure usually does not require updates as often as apartment buildings. Any word on deprec...
Jennifer Hillberg
Best way to rehab a wood floor on a rental-to-be
Hi -- I'm working on a house that will be in a lower-income rental area. I pulled up the carpets (which had 30 years of dirt and dust under them) and found good hardwood floors. There are many imperfections due to t...
Marc Young
First time investor which direction do I go?
OK here’s my question. I want to get in to real estate investing and this would be my first time. If I had to pick which direction I should go if I want to make this an ongoing thing. I have 30 K in the bank and I can...
Kyle Lewis
Deal Analysis: 12-Unit Apartment Building - Current vs. Rehab
I'm an investor from California looking at a 12-unit property in the midwest. Below is my analysis of the deal and I'd love your feedback!The building is in good condition overall. Units are all 1 BR 1 BA and very dat...
Spencer J.
Oh God,.... Tenants......
As much as I love being a landlord (this is not sarcasm, I do enjoy it). I have one tenant in a building that is quiet, pays (and pays on time), and passed a background check, and has been living there over 2 years. ...
Tami R.
Furnaces, mant.
It seems like every year at this time I wish I had something put in place for maint. on furnaces, etc...
I do not have it in my lease and if I did I do not think tenants would pay attention... but it seems li...