Eric F.
What do I need to look at when it comes to moving a doublewide?
A lady called me with a doublewide she wants to sell once her house is done being built. I looked at the home and it is in excellent shape. However, I am not sure what I need to do to see about moving it. I looked und...
Maryam Mostafa
If you have 100k of cash in the bank, how would YOU utilize it??
If you have 100k of cash in the bank, how would YOU utilize it to yeild most cash flow/return. i'm considering all startgies, but essentially it depends on the deal and market. however, i''m focused on cash flow. All ...
Paige Seeley
First rental property guidance!
I'm closing on my first investment property this week! Since this is all new to me, I'm looking for some advice and I had some questions about self-managing the property. 1. Would you recommend periodic check-ins at t...
Rick Bassett
Any luck collecting from former tenants?
I've been of the mindset not to waste my time chasing pennies from tenants that move out leaving minor problems but in the past year I've had 2 tenants that have moved out & broke lease early that have cost us $5k...
Calvin Thomas
Inexpensive doors and windows
Need some recs on what to do with a building I have which needs a 30 + windows and 6 doors. The doors at Home Depot are pretty reasonable. However, the windows I price out just about anywhere are near 400.00 a windo...
Alexis Zion
Credit Score dropped by 50 points
Hey folks. I had an emergency repair at one of my buildings (boiler died in winter) that I had to put on my credit cards. I put a total of $30,000 on my cc for individual furnaces in each of the 8 units. I had a cr...
Robert Zavertnik
FHA Loan Requirements
Hi All,
I am interesting in purchasing a multifamily property with an FHA loan. I've seen multiple requirements from different websites. The one that I'm concerned about is "2 years of employment" or "2 years...
A.J. Chesney
what would be typical terms for a commercial loan on a 8 plex?
"8 Plex. Each Unit Is 1 Bd, 1ba That Rents For $650 A Month. Wood Floors Throughout. Utilities Are Separately Metered. Owner Furnishes A Washer And Dryer For The Use Of All The Tenants. Gated Parking Lot With 8 Sp...
Eric Mcginn
Potential tenant was to Rent to Own
I have this great clean little 1bd 1ba SFH I’m closing on a nice street in a so-so neighborhood in a very expensive county. It’s the most affordable house in the county at the moment to my knowledge and I’ve placed an...
DeVante Hill
Newbie Chicago Investor Looking 2 Network, Help A Brother Out?
Hey BP Family! The names DeVante Hill and I am currently located in Hazel Crest, IL (South Suburb of Chicago). I always frequent the Big City and will hopefully be staying on the Northside in 2017. I went to the Unive...