So I have a very complex personal finance situation, one that's perhaps causing me more constraints than I'm fully aware of because of it's complexity and obligations. I feel totally ok with sharing some ballpark ...
Hi BP.Tomorrow I was supposed to close on a property, which we are now not going to. During the title search, we discovered a sizable second lien that they didn't disclose. When we mentioned the fact, they acted surpr...
Our Director of Operations, @Scott Trench , is quite young in the grand scheme of things.But his experience level raises his age considerably, and his thought processes show just how wise-beyond-his-years he truly is....
A reply on another thread made me wonder about something. Mikeoh mentioned fannie mae is showing 5% appreciation annually over the past 50 years on average. The Rule Of 72 says that to find out how long it takes to do...
I am getting to be “too close” to this deal so... would you invest in this?
I’m already under contract but can back out during due diligence.
-118k price
-7.5k closing costs (so high!)
-20k repairs
= $145k all i...
Where is the Real Estate market headed from here, will the prices go up, down or remain the same. Thoughts?
First-time investor/home-buyer looking at buying a multi-family property (duplex preferred) either around Chicago where I currently live or a smaller, but rapidly growing city in Minnesota where I'm from.
If I choose...
I only posting this for general thoughts and hope there is something I haven't thought of. I am not asking for legal advice just opinions if you were me. Any feedback would be appreciated. Ok here's my little situatio...
I got a call from my tenant yesterday that the bay window in our rental unit has been smashed in by vandalism. I submitted a claim to Allstate, and the promptly called me to today to let me know that my landlord's po...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,340,000
Cash invested: $300,000
This was our 1st value-add project in the neighborhood. It's a 27 unit wi...