David Triplo
Security Deposit Issue and Ongoing Leases
I closed on my first property a few weeks ago and have somewhat run into a snag and would like some advice how to handle the situation. I now own a 3 flat in a good area in Chicago. The main large unit is rented out...
Alishba Choudhry
Tips on Comping Effectively
Hello!
I am actively learning how to comp properties and would like any tips and/or tricks on how to better comp. Here's an example of a property I have under contract and my comps on it. Please give any feedback on...
Sean Anthony
Jeff Swiecicki / JBS Realty - Fraudulent Realtor and Property Manager
Hey all I'm an investor in the Cleveland area and just wanted to warn you all about a fraudster named Jeff Swiecicki. A realtor who used to have a PM company called "JBS Realty" until this month.He used to manage 8 o...
Account Closed
Umbrella Insurance
Finally found a company ( Nautilus Insurance) that will write me a stand alone umbrella for 1 mil with having about 20 properties. Still debating because the price of 732.00 was a little higher than expected.And still...
Ken Martin
How To Do a 1031 Exchange For An Existing Syndication
Hi BP community, I am about to kick off a syndication/raise for a great multifamily property in the midwest, and a few potential investors have expressed concern around investing given they would want to be able to IN...
Justin Dziedzic
Landed my first deal - help calm my anxieties and analysis paralysis please
So as the title states, I just landed my first deal. 120k property, appraised for 128k and I will be adding new carpets, paint etc - just some light rehab. Mortgage, taxes, ins, etc will be about 1k (requires flood in...
David Davidson
Invest in King Farm of Rockville?
I am a beginner in real estate investment. I don't know what exactly I should do, being quite confused about the whole thing of real estate investment. You see, housing prices are already very high in Rockville Maryl...
Andrew S.
Contractor liens
I hired a general contractor to do a fairly major rehab on one of my properties. Construction is done but it now turns out that the GC apparently has not paid some of the subs yet and they threaten to file contractor...
Shelly Mainus
Plumber Negligence lead to water damage
My furnace recently died and I hired the local fuel company to install a 10k furnace. The price seemed pretty steep but it died when it was -30 out and I had tenants in the unit. Two weeks after the install I get a ca...
Jamie Wheeler
Insurance coverage replacement vs. actual
Hello all, I’m a new member and this is my first post. So I have a property 2BR/1BA I paid cash for. It’s a fixer upper for sure. I purchased it for $40k and plan to put about $5k - $10k into it for a ARV of $75-$85k....