Kip Cline
Tankless vs traditional water heater for multi family
I'm considering buying a 2 story 4 unit building. Each is a 2 bed 1 bath. It has common water and gas but separate electric meters. There are 5 meters one for each unit and a common area one. Each has 4 20 amp plug fu...
Kasey Ryan
Cook County Estimates
Hello all!I am still working on my first dealt here, and I wanted to ask you all for a 3 or 4 unit building:How much is average for electric and heat? (common areas/the costs I pay)How much is average for insurance?Ho...
Account Closed
Mold disclosure
We found mold in an REO that I have under contract.Fortunately it's not black mold, and is only in a small laundry room in the basement.After I rip it out, drywall, do I still have to disclose to potential buyers that...
Belgenman Neal
Analyze Your Market - Over-Analyze to Under-Analyze
I been reading the two of the biggest mistakes of Newbies... Is Knowledge and Knowing The Market.
To increase my Knowledge I want how to Properly Analyze My Market.
How much Should I Analyze the Market and When is...
Ivan N.
Advice on strategy
Hi All,
I would appreciate any feedback on the strategy for my first deal.
I am going to purchase 50-60K condo in Florida, Pompano Beach or Fort L area. I have 100% cash for that deal and will search until I find 70...
Eddie Fernandez
Seeking advice on how to spend "some" equity
First off thank you in advance for all for the great advice already on this forum. I own a rental property free clear and obviously have equity. Instead of taking that equity and buying another property I'd rather i...
Deak Smith
Understanding Conventional Financing & how to get it
Alright, I’ll just throw it out there and hopefully not feel too dumb when the answers start rolling in. I hear a lot about the 10 conventional loan limit. I have 4 single family houses and 2 loans (2 houses/loan). I...
Jim Murphy
Should I form an L.L.C first?
I just talked to a friend of mine who said I should form an LLC first and make offers and bids etc thru the LLC and If I were applying for Hard Money I should do so thru the LLC but usually I would have to give a per...
Robert Jeffords
Lump Sum Payment at Closing - Reality?
I'm a new real estate investor and to date I have assigned two contracts. I really want to take on a rehab of my own, but like many people, money is a major obstacle. I have a team of contractors lined up, my A-Z ga...
Anthony Benjamin
Tenancy or Ownershop
Good day to all:First I attempted to find a previous discussion about this and not be a repeater. Quick question .. The word "Tenancy" is this term meaning Tenants as in Renters? Or is it the same meaning as Owners...