There is a 6 unit multi-family building in Chicago’s Douglas Park (subpar) neighborhood that advertises a “14%” cap rate as a “guaranteed subsidy.” Aka section 8. It’s also on the MLS. The building is $380k. Fully occ...

I have 3 tenants out of town.  Our lease says 24 hour notice, which I have given via text.  Told them I'm coming in to do general maintenance (air filter, dehumidifier install, etc) and they asked that I come when the...

I'm puzzled.  A relative of mine listed his home for sale "as is".  It was built in the early 50s and no repairs have ever been made on it.  It's been repaired esthetically (new paint, crown molding, ceiling fans) but...

Hello all,I am currently in contract on a HUD home that was not winterized and the utilities are off. There are breaks in the copper piping in the basement so the water cannot be turned on. There are no toilets instal...

Investment Info:

Single-family residence buy & hold investment in Trona.

Purchase price: $75,000

Cash invested: $50,000

Our latest project is a 2/1 that we re-designed and rebuilt in order to cap...

Mr. Don Johnston has substantial experience as a real estate agent in New York City and is excited to bring his knowledge to JCity Realty. His global history in construction, business development and communications, m...

Hello BP Members, 
I am under a contract for a 8 unit building came on MLS few days back and was hoping to get your opinion on few technical/diligence things given the communities vast experience in investing in mult...

I went on a road trip today to look at a couple of 5 & 6 unit properties about an hour from me and came home with a duplex. {Well actually, I left the duplex where it has sat for the last 80 years and just brought...

Here's another question. I have a house that had been "winterized" (before I owned it) because it was a foreclosure and would be vacant for a long time. All the utilities are now on, and the only problem is that the h...

My wife and I have had an offer accepted on a small house that we're looking to turn into our first investment property.  It's a 3BR/1.5B SFR.  There are several issues with the house that are not huge deals (individu...