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I am buying my first apartment building this winter. Any tips on how to do due diligence? I've seen every unit now with a contractor. We went over the exterior and mechanicals too. Should I hire anyone special for ...
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Morning All, we took over a 3 flat for management last week and it had frozen pipes the day we took it over. With the prior management company failing to keep electric in their name leading up to the turnover it resu...
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Newbie, please be gentle. :) I have been a landlord before (and still am), but it's not my main gig, so I'm definitely a newbie in this sort of analysis. I appreciate any feedback.Purchase price 160k (might get down t...
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In looking at the Minneapolis market, many multifamily homes are built around the 1900s. This is going on 122 years old, which means many harsh winters, degradation, foundation issues, etc. Many have boiler heat and A...
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Do lenders give an approval letter? Im getting turned down because I don't have a deal yet. But I was under the impression that I need to get the approval letter FIRST, then find the deal. Is that how is works?
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my understanding from BP is that a TK property is rent ready with all major systems functional for several years. Thus roof w long life remaining (i.e. 10yrs min), hvac, plumbing and electric all new or much life rema...
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I'm financing a rehab in Philadelphia and we are stuck with slow to no movement on our permit and inspections by the Department of Licensing and Inspections. I see we can get a 3rd party electrical inspector. Does a...
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the question is have any of you heard of or has had this happened to you. My father in law or boss has been in the construction business and roofing business for 40+ years now. He knows my goals in real estate investi...
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As I am sure most people are aware, we just went through some of the coldest days in Chicago's history. Many people had pipes burst and as I walked out of Home Depot this morning, everyone had pipe insulation, new cop...
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I am buying another townhouse. I have 2 in the area and am looking for more. This one is identical to my other two in that it is 2 story, 1450 sq ft, 3 bed, 2 bath. About 900 sq ft down and about 500 up. One sligh...