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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...
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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...
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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?
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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,...
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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...
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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...
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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...
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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...
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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...
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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...