I am just beginning my research into investing in rental properties as a way to augment retirement income and have a few (hopefully) simple questions as follows:1. Generally, when stating a "per door" income, what ar...
Hello BiggerPockets community,As I begin underwriting smaller acquisitions targets in both Logan Square and Englewood, I find it hard to project anything beyond a 10% IRR, CoC above 3.5%, and an equity multiple north ...
Is the County Clerk office really one-stop-shop for all kinds of all possible liens and encumberances? Does everything record with them?I'm talking water, sewer, back taxes, past condo fees, property tax liens, other ...
I just had a sewer backup at my backyard cottage the other night, but our house was just fine. Come to find out that the side sewer line picks up the cottage, my neighbors house, then our house as it makes it way to t...
Hi guys,
I need some investment advice.
I've been on BP for about 6 months now and I'm looking to invest in Real Estate within the next 2 years. I don't have the money right now, so I've decided to save 50% of my i...
My wife and I are buy and hold investors from Happy Valley (Portland, Oregon). We've learned some lessons over the years, bought and sold several properties and always kept my wife's first home as a rental. We are j...
I targeted several sewer liens in my area of choice thinking I would receive the interest on them quickly. Three months later, a couple of them now have owed taxes (on top of the sewer subs) that, as the lien holder, ...
I have a question regarding the Fannie Mae restrictions on the number of mortgages. Two of my houses are financed by first place HELOCs. Would those count towards the four they want to allow?
We recently purchased 2 properties right next door to each other with the plans of working on one at a time..2 weeks into the rehab on the first property Codes/Compliance shows up and says that the properties are on t...
I'm looking at a couple of houses built in the 50's that have plaster. I haven't been able to get inside the houses yet so I'm not sure what the condition of the plaster is.
If anyone here has bought one of these, di...