Hi, As an architect, I was approached by the building owner to help increase the value of their building and create a cash flow. The current value is 500k (the Owner has 400k ballon in 18 months), and with 150k remode...
I just purchased my very first home in March. It’s a two-family and I fixed up the downstairs and moved in this April. Upstairs tenant has been there for 4years with various sketchy roommates. He has refused to prov...
I have 18 rental properties Free and Clear bringing in 18K a month and worth around $1.6 million. I happily manage them myself but I want to retire in 7 years at the ripe old age of 55. How do I do this?
I've been diving into research about being an LP (limited partner) on many types of syndications, multifamily being the most common. As everyone knows, anybody who started a syndication in the last 5 years made money,...
A couple applied to rent one of my houses (note: this is through an independent leasing services and I have not met or spoken to the applicants myself). They sent a long intro letter saying the boyfriend was convicted...
Cook County makes it illegal to refuse to show or rent property to people with certain criminal records.Looking for thoughts and advice from more seasoned landlords/ property management firms. Especially in urban mark...
I have a small office building in Seven Points, TX. It has been rented for 3 years with a tenant who pays mostly on time. Unfortunately the tenant now says he can't pay at all. Because of the location, and the e...
Not sure if this has ever been suggested before, but I thought it would be nice to develop some sort of Rehabber's Materials Cheat Sheet. Maybe like a chart with House Type on the top and Sections on the right?
For e...
I am trying to bid a couple HUD properties in NC. As I am a newbie in HUD property, I wonder what is the realistic price I should bid in NC for HUD property? I read 70-90% of the listing price and it varies from regio...
Hello BP! This is my first post and I wanted to get few feedback on the current deal. From reading couple of deals on this site, i realize that this is not a deal you guys would even consider; but I got anxious with r...