I need to replace the roof on my three flat rental building in Chicago and I'm looking for a roofer that I can rely on for good work at a fair price. Also, what are some of the main points that should be considered w...
I've always been a full-rehab guy, never done a wholetail deal..but this came across my desk over the past few days: Purchase price: $98,500Retail value (in as-is condition): $125,000ARV with medium rehab (base finish...
I made an offer on what was advertised as a legal 4 flat. The sellers lawyer provided zoning documents which state that the building is only approved as a 2-unit building.
To make matters more confusing, my county's...
Hi all, as a rule of thumb what % of property value (using REPLACEMENT COST METHOD) should I use to estimate insurance...again I know different markets and whatnot will impact this - especially flood zones but I would...
Looks like the part of the roof is either missing or there are 2 different kinds of roofing material used ? The house is 1920 frame. There is definitely some water damage inside ..floors are a little buckled ..drop...
Hi there. I'm new. We bought a 3-flat a year and a half ago, fixed it up, live in one unit and cash flow with two rented. We'd like to use this property as our home base and buy more. How do you decide what to do next...
I invest in Houston, Texas. After a few flips and being forced each time to pay the, lets be honest, VERY expensive brokerage fees to gain assess to the local MLS service and for preparation of a few standard (and fr...
Hi all!
I am looking at purchasing a property in Chicago using an FHA loan. It is a 2-Flat property, so I would live in one side and rent out the other. This deal fell through once before with a different buyer becau...
I am a contractor in SoCal and a newbie to BP. I am excited abou
If you’re a first time long distance real estate investor buying out of state would you hire a real estate lawyer to review contact before finalizing purchase?Thank you,Jason