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Do property managers typically-send a team of people out to go over a house that is new to them? Or have a handyman or plumber sent over for each issue? -send itemized bills for what each worker did? or just one fee f...
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Hello!My husband and I just closed on a HUD home with a FHA 203b loan. We have an escrow holdback for the required repairs (~$5k) and had a contractor lined up. The contractor backed out and we are unable to find an...
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Has anyone done any new construction in Chalmette? I have a lot there right now and looking to build and sell. Looking to build a 3-4 bedroom 2 bath house between 1600-1700 sqft. Any inputs on a breakdown of cost wo...
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I am fairly new to being a landlord. I got the question today from a potential tenant, to whether I would put another bathroom in on one of my properties. How should I go about this, they also said they would pay for it.
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I am purchasing a two-unit property that has one current tenant. The lease began February 15th of this year, but for some reason the landlord did not put in a term. It is not an annual term, it is not month to month, ...
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Hi All, we're looking at a property that is zoned mixed use commercial/residential, but is currently being used as a full multi-family building with 3 units in it. We're currently waiting on financing from the bank, b...
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Hi all, question: I have a seller that just wants out from under his 10 year old loan, he wants no money in his pocket, he just wants the darn thing gone. How would I structure a contract that results in a zero net su...
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Hello BP! I am planning my first flip and am searching my exit strategies. If I buy a house for all cash, and then for some reason it will not sell then what are my chances of being able to cash out refi assuming I am...
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I need some input for the community. I have a friend who's daughter is shopping around for her first home. They are hoping to purchase a distressed property and rehab it for the daughter to live in.The strategy is fo...
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Hello Chicago Friends-
In doing my own due diligence (which involves calling the city ;) I have not gotten a totally clear answer as to whether or not we would qualify for tax exemption with regards to the building m...