Jamie Stasiak
How to Structure Investment Agreement
We have a group of 6 Newbies coming together to Fix & Flip a property. One person will be doing Construction Management, another will be handling the financials, the rest will only be contributing cash. All 6 of u...
Andrew Han
division&build / tear-down&build
Hi, this is my first time posting here. I own a ~5500 sqft lot zoned for LR1 with a 80 year old SFH on it around Northgate. The house is currently a rental in good shape with okay cash flow. I want to explore the opti...
Nicholas Bailey
Chicago, IL - Basement Remodel, Rework of HVAC and Water Heating
We recently purchased a three-unit rental property.We want to do some renovation work immediately, and plan to conduct more extensive renovations on the property over the coming years.Currently, the water heater and t...
Raj Kumar
Help me assess the value of this property
The property is 9000 Sq ft build in concrete, 5400 sq ft warehouse(has a restroom but no hvac) divided in to 3 bays (1800 each) and 3600 sq ft office space. The building is in very good shape, probably needs 2 to 5k t...
Calvin Schmeling
How should I go upon working with a new partner
Me and another person plan on going 50/50 in a wholesale business. The thing is I know I will put way more time and effort into the business and turmoil will eventually breakout possibly. Let's hope that doesn't happe...
Chris Wilson
DTI question on a cash out
We are looking at pulling funds out from a 2nd house we own. When doing the DTI calculation would a lender include money that is received regularly from things like a Real Estate syndication, Mortgage note fund and/or...
Nicholas Bailey
Rehab Project in North Center - advice and recommendations?
We recently purchased a three-unit rental property. We want to do some renovation work immediately, and plan to conduct more extensive renovations on the property over the coming years. Currently, the water heater an...
Jeff Mobley
How much do you pay contractors up-front?
My mentor recommends giving a contractor no more than $300-$500 to start a job. This sounds smart and very prudent to me. How much do you give?
Jake Peterson
FHA 203K information, Columbus Ohio
I’m looking for any and all information on a FHA 203k loan. My wife and I are looking to get prequalified for our first home / investment property and would be interested in talking to a local lender regarding a 203k...
David Jenkins
Help with understanding Cap Rate in it's simplest form
Hi -- Can someone please explain how I'd be able to figure out a cap rate on a calculator as if I were a 5 year old?I've seen several other investors try to explain this and it still looks like Chinese to me (and I do...