Purchase Price - $85,000Rehab cost - $60,000 (5 month duration)List Price - $225,000Sale Price - $223,000 (received offer within 8 days of listing)Sales price less closing and commissions - $200,000Profit - $55,000 sp...
Hi All,I'm in the process of repairing my credit, and I live and work in an area with very little RE investment opportunities. I would like to invest in NW Indiana and Chicago areas which I'm familiar with, but I don'...
What insight do you have on these options? Is it best to join a real estate team, or start out as a solo agent??
Hey Everyone, I have done all kinds of door replacements. I like using preframed doors and try to just save the trim around them to use again. Awhile back I bought some doors and just removed the hinges and using a ...
Does anyone have an exemplar of a simple LLC and a partnership contract for a two person deal? I know that is vague but I am looking to buy a quad with a partner for the first time. We are going to use an attorney to...
Hey all, I just stumbled upon this "gem" on zillow and figured I would share. Looks like the tenants absolutely trashed the place. Goes to show you having a good screening process and collecting a solid security depo...
Wanted to get people's opinions and perhaps personal anecdotes on how they structured and financed deals with multiple investors. I am looking to purchase my second property and have multiple people who would be very ...
I was recently interested in purchasing a multifamily property and receive a solid CAP rate. The research led to me to cheaper properties in the South Side, more specifically South Shore and nearby areas. Would purcha...
Hey All! I am house hacking now and plan to turn the property into a long-term rental. One of my tenants got a lot of water on the floor during their last shower and the floor water began running through the ceiling o...