Thinking of buying a multifamily... live in one side.... rent the other. In the Mapleton Fall Creek Area. My biggest concern is the area. Right now, its not the best area... but not the worst. I wonder what quality re...

Our buyer presented us with a letter from her lender stating that her loan was denied.  The letter that we received did not specifically say that her loan was denied.  Is there specific wording that must be used, for ...

The importance of lowering expenses and increasing efficiency to maximize property income. How? Implementing water-saving initiatives is a smart way to reduce utility costs. By exploring options for cost-effective uti...

Hi, To get my feet wet, my first buy might be a condo I found. I live in NY so yes, taxes are high in my area . When I use the BP calc it all makes sense on paper.  Any advice would be much appreciated. Especially aft...

Ok, this is most likely a simple question but I feel I'm putting too much thought into it and would like others thoughts and opinions.  What are the pros/cons with going with a equity line on a rental property vs a re...

My location is very difficult to invest.1. It is a tenant friendly state2. It’s very expensive3. Returns are minimalso now that you guys know that, I have a question for the experienced investor. I’ve been doing this ...

Is Land survey important and when it should be ordered? I am buying a property and I am asked by Attorney should he order land Survey? It will cost me $750.

Thanks
Sam

I'm purchasing a vacant lot with municipal water/sewer available for a spec home.  The property is under contract with one caveat; The neighbor's sewer line runs across a portion of the property. (A family previously ...

Hello everyone! 
I'm Adam Bandola, a 22-year old recent college graduate who's looking to be get started in small multi-family units in the Chicagoland area. Having lived around Chicago my whole life, the dream is to...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $870,000

Cash invested: $184,000

total monthly rent income approx. 7,300 and PITI approx. 5,600

Wha...