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I've purchased my first property in Northern Illinois about 30 minutes south of Joliet. It is a 1400 sq ft single family in a C class area that I plan to rent.The place will need all new utilities/appliances. Two la...
Hi all,I'm trying to dive into real estate wholesaling and would like to learn how to develop the instrumental skill of estimating rehab costs. I need to get this down so I can analyze any wholesale, flip, or buy and ...
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I have heard many different opinions on the subject. Some people strongly believe that higher interest rates will have no effect on housing sales or prices. Others believe it will drive down demand and cause prices to...
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Hi All,I am curious as to the average cost you guys will spend to make a unit rent ready, assuming normal wear and tear? I am nearing my first tenants lease, and have been speaking to my property management about the ...
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Hello everyone!I am closing on a 20 unit building and my goal is to make it as "green" as possible. It currently has 7 vacant units, it is a 1928 brick building with a flat roof. So, I am looking for any and all of th...
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Good morning,I have a fourplex I pay water and sewer which is annually ~$3300. I received a quote to submeter the water ~$15k. This is about right as there will be new meters installed, digging the meter pits, new su...
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I am looking at moving around some appliances for a better kitchen layout in a home I just purchased. Currently it is setup as a one wall kitchen, but with a wall gone between the living room and kitchen there needs t...
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Hi all,
Just curious what folks thoughts are on front loading vs. top loading washing machines.
I do see there is a significant cost difference in that the front loader is more expensive than the top loaders, but a...
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Dear BPers,I would like to get someones rough estimate of a triplex with landlord (me) paying for water.Don't really like this idea but still want to crunch the numbers.My example is triplex 3bed/1bath, 2bed/1bath, 1b...
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I have a newbie question and it's about my own place on the ground floor of a three family building I own, built in 1890 in urban Northeast USA.The space has a good sized pantry off a large kitchen. At the time the ...