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Flipping houses has been a dream of mine for some time now, but I have not taken any steps towards making it a reality. In the coming months I will be starting classes for my RE license and then from there will start ...
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I am going through the usual agent I use to buy my rentals and it is a listing they have. There are two agents. One is dealing with me and the other is dealing with the seller.We have a signed contract in place to p...
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My mortgage broker has convinced my husband to spend on some improvements in the house that we have a contract on,, so that it would appraise correctly and help him get approved for the loan. I am not so convinced ...
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Hi everyone- I'm trying to start my wholesaling business this summer but I must say I have absolutely no experience or knowledge about rehabbing or its associated costs. I want to be able to walk through a house and k...
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Would like to get some feedback on below.I have a town house that is managed by a management company but the HOA is responsible to make decisions in legal matters.The owner of the unit next to mine has a defective lea...
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Hi all, As the title says, how much is too much leverage at one time. I currently own 3 homes and used my heloc to front the down payments. I still have half of my heloc left. Is it better to keep adding equity by doi...
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Out of State investor is being sued by the city of Chicago for $ 860,000 in fines. $ 7000/Day fines. This is pure harassment by the city of Chicago but it true. I have copied his entire email to me just as a cautionar...
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As I'm sure a lot of you know many of the properties being offered up by the wholesalers typically have foundation issues. I'm curious as to what others in the area think about these? Addressing foundation issues can ...
I looked at a house this AM. It needs a lot of work, but from what little I can see, most is cosmetic. There are probably a few plumbing problems and maybe electrical. I could see only a little because of the clutter...
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Hello everyone,I have recently bought a property in Spring, Texas and tenants have been in the property for 2 months now. Prior to purchasing I conducted a inspection and the seller fixed everything necessary. I hired...