Spence O.
make repairs prior to closing to get C.O.? (as is cash sale)
So, Im closing on my first investment property soon which is in good condition. There are three minor holes in walls and foundation paint needs to be touched up in order to obtain a certificate of occupancy.This is an...
Account Closed
Closing via Quit claim deed? 5,000 deal in Chicago?
Hello everyone, I received a call from a motivated seller for a property he wants to sell in the southside of Chicago. He said he would take 5,000 for a 4bd/2BA property (which I just found out is a 2BD/1BA). He said ...
Luke Johnson
Tenant question
Hello, I have an issue with a tenant, and I am new to managing properties, so I could use a little advice. I recently rented a newly rehabbed home in a nice area here in Iowa for $1400/mo. The house is in nice shape...
Albert Lubin
Need help Analyzing a commercial property
Hi everyone! I'm a newbie and I'm analyzing a 10-unit property to buy and hold. Based on my analysis, the recommended Purchase price is coming up way lower than the asking price. Am I doing something wrong? Below are ...
Roy Mitle
How often to check on rented house
I have a townhome that I have rented out for the past 2 years to 2 different tenant groups. All the renters have paid on time and I dont' have much contact with them except when something breaks down etc.. Do you guys...
Wendy Black
Broker Price Opinion- Crime
I'm interested in a note in an established, older inner city area in Ohio. The area looks to be in good shape, the owners pay their bills on time, the property is not in need of repair, and the market is stable. The...
Susan Clark
Protocol for answering tenants in a timely and safe manner
I am a fairly new landlord. I have 4 tenants and I had set up a system where if the tenant calls they were to leave a message or text and I would respond within 24hrs.
Since this was put into place 2 of my tenants h...
James Park
Tenant overflowed water from the toliet which caused water damage to the dry : How to handle this situation.
Last Friday, my tenant calls me to tell me that it is difficult to afford the $2175/month rent. She is on a two year contract. In order to not have my property empty while looking for a new tenant, I agreed to let her...
Tyler Munroe
Buy and Hold Turned Fix and Flip - 77% ROI by Accident!
Investment Info:
Small multi-family (2-4 units) fix & flip investment in East Boston.
Purchase price: $565,000
Cash invested: $30,000
Sale price: $665,000
Buy and hold turned fix and flip inv...
Matt Faller
Property Analyzing software
Is there any property analyzing software avalible for wholesaling/ rehabs?
Thanks.