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Hi BP family! What skill is most valuable to obtain when getting started in REI? I’d like to add a part time real estate centric job to what I’m currently doing so I can be more valuable when partnering with someone. ...
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Hi BP!Basically, I've put in offers for two multi-family properties in Chicago. One was in Logan Square, one in Irving Park. Both offers lost to other offers. In one case, the seller disclosed that he had accepted a c...
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The RE market has been buzzing with news around the keyword; temporary buydown. Some experts believe that the hottest and most talked about purchase option right now is the Temporary Buydown.They assert that it is a g...
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Anyone experienced selling off a portfolio of rentals? Wondering how you marketed, who you sought out, how you worked with realtors, etc.Thanks in Advance! I'm in the Lubbock, TX Market.
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I've recently reviewed an apartment complex that looks interesting however the current mortgage must be assumed. Also, the deal is requiring a downpayment of $1,175,000 (52% of the sale price - asking price is $2,250...
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As I newbie, I often spend a good amount of time looking for real estate information and deals on multi-family. I have been to forums in person and on line, and they all say the same thing about LoopNet, which is "goo...
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Hello BP,
Need some advise on how to properly fill out a land contract. Is the deposit amount required added to the sell price of the home when I'm trying to flip it. Any advise about this process would be greatly app...
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I am currently doing a rehab on a foreclosure. 1300 sqft SFR. The plumbing on this house is all old galvanized pipes. I got two quotes from plumbers which one is to replace the whole thing with PEX and doing drainage,...
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What does multifamily underwriting look like now given what we know so far of the impact COVID-19?I know there are very few new transactions going under contract right now given the huge amount of uncertainty that sti...
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Hi all, I was looking at a $80k house that's in OK shape except for a hole in the one of the ceiling and an odd small patch of mold in a damp spot in the basement stairwell, not a from a leaky pipe in a ceiling. Likel...