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I have under contract a property with two houses on one lot. There was an indication of methamphetamine contamination due to police activity there, and I had the problem house tested before wholesaling it. It came bac...
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A Scope of Work (SOW) is a description of planned property renovations, with the primary components being a line item budget and a construction schedule. A detailed SOW is important for nearly every type of value-add ...
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Hello everyone!
This is my second post. Brand new investor here looking to purchase my first property soon.
Ignoring the fix & flip side of things, and just talking about buying homes and renting them out, is t...
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Hello, Bought my first home in Chicago and it was/is a rehab. Went with a contractor who is a friend of a friend and this is my first time doing a rehab. This will be my primary residence. It is a 2 unit RS-3 that I c...
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Within the past 2 weeks I got 2 capital calls from different sponsors, I'm assuming that there are many deals in similar situations.The sponsors are saying, If they have enough capital to bring occupancy to 90% they w...
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I'm trying to buy a duplex and the seller is giving me a credit at close to replace the siding of the building. The lender is stating the repairs need to be completed prior to close but the seller does not want to do...
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Hey all, I have had tenants who were great in their first year, and consistently late in their second year with us. They always pay their late fees, and administration fees, and stay in communication. I would like to ...
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Bottom line: I am looking for ways to bring others, who want to invest with me, into single deals. Will likely be different ‘partners’ for each successive deal and/or have multiple deals going at one time.Background:...
For a newer investor the answer may seem fairly simple, buying a property at a good price point. I would suggest though that the answer is much more complicated than that.
I think if you consider it for awhile it...
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So let me ask your opinion. Is it all just about the money? I’m not trying to sound like Mr. Wonderful on the Shark Tank, but why do we do real estate? I like it, I’m pretty good at it, and I make money at it, but...