Hi All, The following opportunity has presented itself, but it is still not guaranteed, nor do I know when it will come to fruition:A close friend of mine's family is looking to get rid of a duplex with a possibility ...
Like nearly every newbie here, I’m interested in getting into real estate and therefore plan for my next house to be useful toward that goal. I’m learning as fast as I can, but there is no substitute for experience of...
It's a duplex, can buy it for around 30k, Cash Flow is $220 monthly, ROI at 24%. Need some guidance, is this a good deal in the Cleveland area? Need advice from anyone with more knowledge than a newbie!
Any thoughts on painting brick? My 1st investment property has an interior brick wall. I'm considering painting it. Any thoughts on colors or how it may affect value. Also considering painting the exterior brick.
Hello BP,I am a new investor working on my first flip in the south suburbs. We are finishing up the flip and getting ready to list as we put the final touches on the property. Could any Chicago investors recommend an ...
Recently we had a minor sewer backup, which soaked the carpet pad but didn't leave any standing water. We hired a pro water remediation company and asked them to remove dry wall, base boards, carpet, and drop fans, de...
Hello- I am trying to build a proforma for a specific property but am seeing a HUGE variation in what I should be using as expectation for Maintence and Repair costs, Utilities, and reserves.
Also- CAPEX reserves.
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Good afternoon all my fellow STR'ers!I have a home in Florida that I STR in Four Corners, FL when I'm not there. It is a good sized home (3000 sf) in a great location on a lake. I've done reasonably well renting it ou...
I did an inspection on a 4 unit yesterday. In the basement is 1 meter and 2 panels with circuit breakers. The wires are newer and my inspector noted some wires were not enough amps. Then we get to the attic and eve...
What is the first thing that you look for when walking into a rental property? Does this change if the home is vacant or occupied?