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Hi,I am currently in discussion with my neighbor to purchase a 4-unit building in Chicago (Logan Square). The current layout of the building is 2 floors, with 2 units on each floor, and there is an unfinished basement...
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I rent out a townhouse in Florida. The house is in great condition, and the tenant has been there over a year and pays on time and is well-organized, neat. She just started dating a home inspector, and he hypothesizes...
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So i had some roof damage and opened a claim with my insurance. I asked my contractor to give me an estimate and submitted that to the insurance. I trust this guy's work and would really prefer to have this done by hi...
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What kind of insurance do you have on your rental property? (Multiplex) What does your insurance cover? How much are you paying?
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It was like walking though a time capsule only with mold and piles of what might be trash or could be treasure. This home has not been lived in since 1985 and the owner wants $5k to walk away. I have good reason to...
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Let me say first, this may be in the wrong forum but this seems to be the closest to the topic at hand.The question is, "How does one account for Vacancy and Repairs?" The question is specifically related to Quickbo...
Good afternoon BP! So it is a little early to call a success story but I couldn't find a better place to post a "my first flip" forum. After a lot of research my business partner and I purchased a house to flip in the...
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So I looked at this property today and it is a huge 5,000 sf 147 year old home that was converted to a 6 unit at some point. The current owners have converted most of it back to one giant 3,200sf home with two 900 sf ...
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So I came across a 259 unit complex that is for sale and is bank owned. The listing price on the flyer is 2.1 million with another 1.5 in estimated cap ex improvements. The complex is 15% occupied due to the defe...
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We are about to purchase a 13-property portfolio of singles and duplexes under one packaged commercial loan with an interest rate of 5% over 15 years. The rate becomes variable at year 5. The one loan covers all of ...