Hi, I was supposed to close on a 20 unit building and 30 min prior to close, during walkthrough, we discovered a foot of sewage in the basement of the property. The sellers claimed it was cleaned up but upon a re-exam...
I recently purchased a plot of land and built a house on it. This was the last piece of land in a neighborhood and had sat for a while. Apparently partnof the reason is there is a manhole cover for the sewer mainline...
How difficult is it to find a reasonably priced duplex in a safe area in Chicago? How much will it cost? How do I begin looking into this?
Once you successfully rehab your property, market and sell, I understand new owners might decide to sue you for some hidden/undisclosed defects, title issues (?) other things …is there some list of things that prev...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $80,000
Cash invested: $52,500
Sale price: $1,300
FULL gut and remodel. Major repairs are as follows:
-Cleaned ...
What stories a house could tell if it could talk? What if you could discover these stories without digging through old records or talking to past owners or locals in the area? With Google Maps, you can!
Peek Into th...
One of the best ways I have learned to find potential deals has been to drive for dollars. Some advantages include:
1. Local Insight: Driving around neighborhoods allows you to gain firsthand knowledge of the area...
I am looking at a possible property for my first rehab.
I am going to put an offer of 30k.
I estimate 15-20k in repairs.
Houses on that street are selling for 90k-145k
Those numbers seem to sound good.
I ha...
Looking for language suggestions for a tenant estoppel statement to verify rent, deposit, any verbal agreements not in the lease, etc. Want to make sure I don't miss anything.
Hey Guys,I am currently leveling up my real estate and investment game, and I might get into a place where I am making a few offers on sight unseen properties. Besides low-balling your initial offer, what are other co...