Gonzalo Escobar
Condo owner expanded their garden unit into common elements
This is regarding a 13 unit building in Illinois that went condo in 1979. The building has 12 above ground units and a single garden unit. In the 1979 condo declarations the garden unit is listed as a 1 bedroom with a...
Amanda G.
Writing the buy-out element of a partnership agreement
Hi All,A partner and I are planning on purchasing some property together. We are happy with our agreement on division of labor and funds. Where we are stuck is how to write a buy-out agreement. We will have a loan on ...
Christian Scully
Seeking HELOC over 80% LTV. Elements, PenFed, Signature FCU?
Does anyone have any experience with a HELOC using PenFed, Signature FCU or Elements Financial? These were the most legitimate lenders I have been able to find that will go above 80% LTV at a decent rate, Prime + 1. P...
Khalid Ansari
Radiant element glass top stove not working. Fix or buy?
Ok I am not sure if this is the best place to post this but the stove in the rental property we bought looks nice (stainless steel) but one of the heating elements is not working. I opened it to check and saw there wa...
Mike Shaffer
Requested PMI removal then had a major common element leak
I had just requested removal of PMI on my condo when the following week a major snowstorm in Chicago dumped over a foot of snow. Before I could get the appraisal appointment scheduled, the snow started to melt and the...
Ryan Monty
What rehab elements tend to increase appraisal value the most?
Specifically in Chicago, any advice on which types of rehab elements an investor in multi-family properties should focus on or give more weight to when deciding how to rehab a multi-family property? For example, in s...
Bradley Jernigan
Key exterior elements to improve curb appeal and property value
From my experience, I have learned repainting a building can immediately upgrade the exterior of a building. Also addressing exterior elements such as as siding, windows, doors and landscaping can all improve the curb...
Abdenour Achab
How do you report income due to discount element in TurboTax ?
Hello,I am doing my taxes right now and, under the "PERSONAL" category, I see "Interest and Dividends", under which there is "Interest from Seller Financed Loans". I reported the interest I earned from my notes there....
Dentric Vance
What are the key elements to a really good investor presentation?
New investor seeking private money, and I'm wanting to put together a nice presentation for potential investors. What are some of the things that lenders look for?
Kyle Pyuen
Is a firewall between 2 condo units a limited common element?
HOA Board member here. We are determining the responsibility, repair and maintenance of our firewalls. They are not specifically identified in the CCR's. Firewalls exist between all units and are a building code requi...