So - I had hail damage from the May 8th storm. I hired a general contractor to make restorations. We are having an issue over $1800 of non-recoverable depreciation. He thinks I owe it and I don't.Once the repairs are ...
I used Cozy.co for three years with no problems. The transition to Apartments.com has been nothing short of a nightmare. The lady I spoke with today in support said they literally have thousands of complaints. In my c...
If I purchased a $1,400,00 quadruplex in California or New York with FHA loan, then got permits to add 5 more units do I need to refinance to a Commercial loan? What are the chances they will catch me I was told I co...
This will be my first property, it was listed in the MLS as a duplex and zoned in multifamily. The issue is when the bank went to the an appraisal, there is only one water meter in the property and they are saying it...
Hello,I rent some of my units under the Los Angeles HIP (homeless incentive program) as well as VASH and Section 8. I'm having trouble finding a background checking service that does not require an email address or a ...
Hi all,
I just closed on my first home in Leavenworth Kansas and will be house hacking to build my initial portfolio. The basement has already been finished, however, it lacks 2 egress windows for each bedroom and a...
Hey All! Curious if anyone has insight or experience with buying a 2-Flat property in Chicago with a finished basement that is not technically a legal unit. My plan would be to live in the basement unit and rent out t...
The topic of wholesale activity came up in a discussion among Illinois real estate attorneys. One attorney shared an email exchange he had with an attorney at IDFPR. I'm sharing here to help keep the community inform...
Do I need a lawyer to do it for me?
Hey BP. My group is engaged in residential rentals under an LLC and we've been struggling to find portfolio lenders in the Bay Area California with reasonable terms. We've come across a few lenders that have quoted in...