I've just started looking for a 2-4 plex to buy in Chicago using FHA and a lot of the listings are vague on how many units the buildings have. For example:https://www.redfin.com/IL/Chicago/1411-W-Grand-Ave...Multi-Fam...
Can someone explain the risks of purchasing a home in a flood zone? I am working on a condo deal (8 units) that cash flows two thousand dollars after all expenses are paid. I received the appraisal yesterday and it in...
I'm looking at a property with an existing structure on 1+ acres west of Denver. Sewer/Water/Gas already available, zoned R-2. The land would accommodate subdividing to create 4 lots permitting a duplex on each one or...
Five years ago, my girlfriend and I began planning our dream to leave Los Angeles and travel throughout North America in a self-converted van. In September of 2020, we finally pulled the trigger on #vanlife and purcha...
Good evening All. I've been talking to people and I've come across a few commercial investors who swear that is the way to go in the Sarasota, FL area. Can anyone with experience through ups and downs of markets provi...
does anybody apply cost seg depreciation in their financial model? Is there any way to do it without having an actual cost seg study done first or could I use a general assumption?
Hey BP!!! It’s official I have my first accepted offer (phew). I was hoping to get community feedback on the numbers. I’ve got some feedback from my biggest critic, my dad, and he’s advising against it and pretty much...
I'm a new investor looking to acquire 2-4 flats in Chicago's northwest neighborhoods. I'm looking for value add properties in which I can adopt the BRRRR method and try to pull as much of my initial investment out of...
Hello, new to this website, I had a question, how often do you guys rent to criminals? Do you have a policy for that, such as type of crime will deny the application?I want to give people changes because I can underst...
Definitely NOT trying to spark any political talk. Just wondering folks’ opinions on what could happen to the market if the president did get impeached. I live in SoCal and am actively looking for a multi-family inve...