Lucien Perreault
What to present an investor when bringing a deal
Good Morning BP,I am planning on writing an LOI for a property in the next week. The deal will be either a 4, 6, or 10 unit property(depends on who accepts my offer). These are all LTR that require some work but the e...
Don Hines
AS is + Home Warrantee?
I know a home warrantee is just an insurance policy.
I am going back and forth on a FNMA property. They countered back that the property is sold as is. But, they are offering a home warrantee.
The house has some foun...
Carrie Smukal
Extortion by City to Update Plumbing
I have heard of two occurrences in my city where someone purchased a home and the city would not turn on the water unless the plumbing was brought up to code. Typically these homes are purchased without inspection...
Jennie Berger
Easy Permits in Chicago | Rough Inspections Required? Or not?
I'll admit, I'm totally confused about easy permits and the required inspections.
It was our understanding, per 2 different professionals (an architect & licensed GC), that we do NOT need rough inspections when d...
Dru Hill
What do you look for in a Real Estate Agent?
As we are in a curious time in the market and with all sorts of litigation floating around the industry, I have a question for investors. How can Real Estate Agents like myself bring you value? What is important to yo...
David Lund
Noob Needs Advice: finding a Realtor
Hello All,How do I find a realtor whose interests align with mine and I know aren’t using me for their own benefit?Thank you,David
Bauclair Mbouadeu
First investment, two major repairs needed
Hi all,
This is my first time writing on this forum, and I'm also a first-time investor. I'm looking to purchase a 3-unit property in Massachusetts. The purchase price is $626k, with one unit delivered vacant, unit t...
Mario Lowe
Is this Illegal?: Can you have tenants pay to fix problems that they cause in all states?
I just finished reading Robert Shemin's Book "21 mistakes that real estate investors make" and in it, it had a section where he talked about writing out a contract for his tenants that makes them responsibile for payi...
Brian Tran
First Rehab - Establishing a contractor & investor relationship
Hello,I am interested in buying a rental property to rehab then rent out for my first deal. (BRRRR Strategy) I look relatively young despite being 22 years old and I think it's a bad thing in terms of coming off profe...
Brandon Sok
House Hacked Duplex with Great Cashflow
Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $89,000
Cash invested: $48,000
Duplex that we House Hacked. Put 20% down + 30k in rehab expenses. Cash flow is $800...