Hey guys, I am currently trying to buy a duplex and wanted some advice on how I might be able to structure a deal.
The property is a duplex and both units are 2 bedrooms 1 bath. The current owner is renting out th...
Investment Info:Single-family residence in downtown Arlington Heights, IL (Chicago suburb)4 bed, 2 bath, 1,700sfPurchase price: $305kRehab Costs: $42kHolding Costs: $16kClosing Costs: $15kSold Price: $430kGross Profit...
Hello a unique situation with timing of trying to get pre-approved for a loan and looking for a solution to this problem. I am looking to buy my first property (single family that can easily be converted into a duplex...
Hi all,I hired a contractor to work on my 2nd flip. In the 2 months that he's been there, he's only completed the roof. He's still working on the framing (which should've been a 2 or 3 day job). He knocked down a b...
Seems to be the consensus a non-refundable move-in fee is preferred in Chicago -- legal reasons.
What about getting, in addition, first and last month's rent prior to move in? Does this open you up to more litigation...
What can I do as a buyer about a seller unmotivated to close?
I was set to close on my first house on 2/24. The day before, there was a chimney fire that caused some damage. Insurance paid out to the seller for the ...
After our last tenant moved out, I reflected on how she left the property (it was not good) and how through the 2 years she lived there, she violated the lease several times (unauthorized occupant, changed locks, e...
We are talking about relocating to a new state, and have been weighing our options where our rental properties are concerned.One option we've tossed around is to sell one of our rentals up here in advance, use the pro...
Hello all,
My name is Liam, and I recently established a real estate investing company in November. Since then, I have dedicated considerable time to training and extensive analysis of various investment opportunitie...
So I am meeting with someone about Real Estate Investing next Saturday. Im excited and nervous, and I dont want to waste the person's time. What should I prepare myself with? What types of questions should I ask? etc.