Sophia Wang
Mold Issue
I went to look at a potential flip this afternoon. The house is in great shape other than the fact that the whole house is covered in a layer of mold! At first when I step in, I thought it was just dirty, so the fl...
Jay Thomas
Bed Bug Infestation in a multifamily property
I'm under contract for a fully occupied multifamily property in Chicago. I'm just learning that all the units have bed bugs. I have never dealt with bed bug before. How big of a problem is this. This is a 5 unit prope...
Aly W.
REO questions
I also have a few REO questions and can't find the answers through the Search function. Feel free to point me to the right thread.
A REO has been on the market here for a week at $165K. The kitchen has been gutted, a...
Andrew Tuquilar
First Home - Hot Water Heating
Hey guys,
I'm in the process of buying my first ever home. My plan is to buy a cosmetically distressed property and fix it up while I live in it. After about 2 years, I plan on either renting it out for cas...
Jj Horst
Newbie steps in it. And it's messy...
Ok so the short story is my wife and I bought a duplex we were currently renting when the owner sold and were introduced into the magical world of house hacking and how great it was. WOW this is the way to go, how cou...
Angel Gonzalez
Referral - Self Directed IRA Custodian
Hi! I'm looking to transfer my IRA to another custodian that will allow me to invest in RE (not self-dealing). Do you have any recommendations?Thanks!
Ken Scarbrough
FIRST TIME INVESTOR FROM INDIANAPOLIS, IN
Hello,
My name is Ken Scarbrough and I recently purchased my first property. Instead of purchasing a home for myself I've opted to purchase a duplex that is already occupied as an investment property while I ...
Bob McIntosh
Paving Stones
Hey everyone,
So I have a small section of the back yard on this rehab which has cement slab on it that is all cracked. Its still solidly in place it just looks bad. I don' t have money in the budget to have it re...
Mike Berkaw
Possible 4-Plex purchase , looking for advice
Hello Everyone,I have a verbal agreement to purchase a REO 4-plex that has been condemned for over a year. This will need a full rehab of all 4 units before it is habitable again. I have received the Asbestos and mold...
Tom Puiia
Rental Property Reserves
How much do you hold in reserves for each rental? Do you hold more or less for property type? (I.e. Condo vs Duplex)I've heard 6 months but am curious what others are using.