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6 unit, 1 commercial space, 5 apartments. 3 units in front, 3 in back. The commercial space is rented to a restaurant on the first floor. Owner of restaurant wants to break through to the apartment in the back of his ...
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My wife and I are under contract on a duplex in the rapidly developing* east side of Austin, TX.We made a $471,000 offer and are approved for a 3.5% FHA loan (as long as the sellers are willing to replace the roof, ad...
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OK, Im going to run through a project here in its painful entirety - start to finish. I will figure out if I can post here efficiently so it is easy to follow along, text, images etc. I have all the material on my we...
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Hello! I recently had some inspections done on a turnkey property and got some less than stellar findings back . The biggest item being a Sewerline needing to be replaced . Purchase price for home is $88000, it apprai...
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Specifically in Chicago, any advice on which types of rehab elements an investor in multi-family properties should focus on or give more weight to when deciding how to rehab a multi-family property? For example, in s...
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We've been using AirBnB for the past year with no problem. Bookings were slumping so we listed with VRBO and got a 2 month reservation within 24 hours. HOWEVER, the guest payed on 5/31, and they say we will not rece...
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I have very little experience with investing. I purchased a small single family home with a partner 3 years ago that has a nice little cash flow to it.
With that said; I am looking for someone to tell it is OK to hold...
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I have a past tenant of mine, who filled a claim for unreturned security deposit. Below is the situationShe broke the lease before the 1 year term. She violated the lease by having pets and when i enquired she was not...
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I've been trying to figure out a bookkeeping solution for years now, and I just can't seem to find one. I own 5 properties (8 units), but would like a system that could easily scale up when we purchase more propertie...
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Hey everyone. My name is Derek Elliott. I'm a screenwriter living in Los Angeles. Brand new to REI. My journey began with a book called A Happy Pocket Full of Money. That led me to Rich Dad Poor Dad, which got me int...