Raymond Sjolseth
SFH Investment in Illinois
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $330,000
Cash invested: $10,000
Sale price: $475,000
3 bed + 2 bath home purchased in need of cosmetic rehab wi...
Kev Li
IRA's Real Estate Professional Designation
Hello, I am wondering if any real estate attorneys can please shed light on whether my current job status would qualify me as a "real estate professional".
Specifically, my full-time job in which I work more than 750...
Evan Zeigler
Looking for mentor near Cincinnati, OH
Hi I am 21 years old and currently in my fourth out of five years studying mechanical engineering. I have been learning more and more about real estate investing through Bigger Pockets podcasts and reading books. I am...
Ryan Arthurton
Screening - Cozy (New York Landlord Laws)
Have any Cozy users in New York State found a good system to deal with the new NY Landlord/Tenant laws surrounding Background Check / Credit Check rates? The state now caps us at $20 total. I know that there are oth...
Ray Harrell
Water meter and bill...am I paying too much?
This is for Chicago landlords with 3 flats. I just received my water bill and it has doubled. I'm billed every two months so presumably I have a meter, but all my bills say estimated. Since I've owned the building (la...
Tim Nethers
Realtors that Review and Send Properties instead of auto OneHome
Maybe I'm old school, but do any realtors out there look at the properties and look through the pictures for the quality, and age of mechanicals, and see the rent to price ratio before sending them? I've tried a few r...
Cary Forrest
Pittsburgh Multi Family Rental Returns
I've analyzed a bunch of properties for sale as close to nuts and bolts as possible. I've done the same for recently sold similar condition and configured properties to get idea of cash on cash returns in neighborhood...
Gina S.
Adding living space to the basement- cost?
We are about to close on a 2 family home in Newton, MA. We are debating on renovating the basement to add additional living space for the first unit (2 bedroom and a full bath). This will require waterproofing the bas...
Kevin Polite
Certificate of Occupancy-Dekalb County, Georgia Atlanta
Received my CO today and we're set to close tomorrow, whew.
The CO says Non-Residential, but everything else on it looks ok. We've had all our mechanicals signed off on, so everything should be ok, right? Anyone out ...
George P.
second position
Suppose there is this property:
FMV 200k
1st lien 125k (with arrears)
2st lien 25k (current)
Mechanics Lien 5k.
1st one is foreclosing. Suppose someone bids 170k at the foreclosure auction - I understood that the firs...