Looking at purchasing a property for possible flip or keep it as a rental, in the Chicagoland. It's a bungalow . Nonetheless it has a violation that the previous owners built a dormers without a permit. Will I have to...
Hello! I recently failed my certificate of occupancy building inspection in part due to "1. 2017 R401.3 Missing Energy Certificate". When I asked the inspector how to correct this issue, she told me to "google it". I ...
Looking at properties, I'm updating my due diligence checklist when comes to putting offers in.My question is to you investors is:Other than property condition and market value comps, what questions do you have to ass...
I'm looking at a property - a Townhouse in a mixed use neighborhood. Somewhere along the way, an owner decided to get the TH zoned for business use only and is now selling it and stating on the sales sheet that it co...
So you go under contract and your serious due diligence period begins. What do you ask to seller to see to verify income and expenses? Is there a list somewhere?
For those of you who are concerned about technical information about building construction and repair, I came across an interesting site, InspectAPedia. It includes a wide range of construction information. I came ac...
I received a quote of $1200 for an inspector to walk 6 2bed/1bath units and I am curious if that it a competitive bid. This is in southeastern Pa.
This inspector comes highly recommend so as long as that price isn’t...
I am new to the area and closing on a vacant multi-family home (3 units) in Baltimore city. I have quite a few questions how to make sure it is a legal rental. Any help is appreciated!1) The bottom unit is in a baseme...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Rumford.
Purchase price: $36,000
Cash invested: $30,000
This was our first duplex, and great education. This was a BRRRR a...