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Hi All! I am a SFR fix & flip investor and this will be my first look at a commercial deal so I wanted to hear your thoughts. This is a ugly office building in the downtown area of my small town. It was 2 houses...
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The main sewer line in a SFR backed up and caused some standing water around the drain in the basement laundry room. No damage, but it's Memorial Day and there'll be a holiday charge for the drain company to open the...
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Chicago Heating - Wall Furnaces vs DuctedI have to work on the heating system in two 800 S.F.; 2/1; in a C+, B- area. $750 - $800 rent range.Ducted furnace with AC came in at 12K total before negotiation. I can get...
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I am in a situation now where I have expenses coming out of pocket. My tenant has renter's insurance, but apparently it doesn't cover leaking pipes or water damage from them. What sort of home insurance do you purchas...
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Under California foreclosure law, can a vendor place a mechanics lien on a home for work performed for the prior owner after the foreclosure sale and the recording (perfecting) of the deed? The new owner has not auth...
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Have the opportunity to purchase 64 homes, all have renters, book of business is very profitable. 90% of the properties have new roofs. There is a full time caretaker hired for 35K a year. Comes with lawn care equipme...
Hey folks. I have a 4plex in las vegas nv that I purchased last year, it has a community laundry room. DADSON has their washer and dryer in the room. There is a contract signed by the previous owner for 5 years wit...
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Hello,I am recently get involved with a fix and flip (my first one). The property is in my name as we plan to live there while we renovate. I was wondering if there would be any advantage creating a LLC or business to...
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Hi there BP,
How much is on-site laundry worth? Trying to analyze a deal and the area rental rates are great, but the property we are considering has no laundry on-site and the nearest laundromat is not walkable.
An...
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I had an interesting phone call with a real estate agent today, well, interesting to me anyway.
There is an 8 family listing (City of Milwaukee) that caught my eye and I phoned her on it, she's not the listing agent....