Ryan Fuchs
First Flip - Closing Costs Question
My partner and I are looking at our first flip. We will be able to purchase the house for around $130,000. It currently comps for around $205,000 (with a range of about $180,000 - $230,000). Barring anything unexpecte...
Derek Worsley
Analyzing deal- property management
Quick question. Running the numbers on duplex and budgeting in 10% for Property management. Do property management companies charge you per unit or total for the property? Thanks in advance
Konrad Lach
House hacking MFH in south suburbs of chicago?
My fiance and I are moving back home to the south suburbs of Chicago within a few months. We are trying to find MFH in the Frankfort/Mokena/Lemont/Lockport area. I can't seem to find any good deals on the MLS that wil...
Robert S.
Thinking about switching from BRRR to a flip. Remodel too nice.
Doing our first income property. As long as everything goes to plan I think our remodel will look amazing and I’m having doubts about renting it out and BRRRing the property. Me and the wife are thinking about maybe p...
Jacob Sampson
Does the fair housing act require I provide a reason for
Am I legally required to provide a reason I did not chose an applicant? They paid the app fee and I ran the background check but picked someone else. Now they are stating that I owe them an explanation? Thoughts?
Adam A.
What to look for when hiring a Toledo Lead Inspector
2 Important factors you need to know before you hire a Toledo Lead Inspector and comply with the Toledo Lead Ordinance.With the Toledo Lead Ordinance compliance deadline approaching (6/30/18) for phase 1, there are se...
Dan O'Neill
Selecting New Property Manager for 16 Unit Apts (New Investor)
Hello Everyone, I am under contract to purchase an apartment complex with 16 units. Given the complex's current state and a discussion I had with the current management company, I feel a change in management compa...
Ben M.
Would you invest in a condo in Houston, Texas
Would you invest in a condo in Houston, TExas? What items are usually covered by HOA? Since the repairs are usually covered by the HOA fee, do the repair costs compare to a standard sfr or do the overall expenses gene...
Oluwamayode Emmanuel Muyiwa
How do I get income from real estate
How do I start investing in the real estate, become properties owner and start leasing same for regular and steady income?
Nabeel Qureshi
Moving out, should I turn my primary residence into a rental?
3 BR/2.5 BA condo. The cap rate and cash on cash return I am calculating is negative. Using a vacancy of 8.3%. My loan to value is 73%. I am being very conservative with my numbers (thinking of difficult scenarios)...