Luke Petro
Rat Infestation in multifamily unit in McKinley Park, Chicago
Hello!
I recently bought a multifamily in Chicago. During the inspection we noticed some mouse traps and a few mouse droppings--no big deal. Recently, the tenants started complaining of loud noises in the walls and...
Steve Sendldorfer
Trapped by fear - Utilizing leverage or not for first deal
Hey BP!
My wife and I want to become real estate investors ( buy and hold ) I like the idea of low income and feel comfortable about what problems could potentially come from going that route .... My wife is on board...
Kristen Ray
Multiple Family/Unit Rentals Issues
Hello BP!We are new REIs in Maryland. We are looking at purchasing our first multiple family unit. However, we’ve noticed that most of the multiple family units in our area are very old. Most of them were built in ...
Rory Fowler
Rent to Income ratio receiving negative reactions
I have a unit in a duplex posted for rent. The previous owners had some bad experiences with tenants in this duplex but it is in a great neighborhood (I live in this neighborhood. It's positioned in great suburb with ...
Joseph Turano
203k Renovation in Chicago- Advice/General Contractors
Hi people,I'm looking for any and all advice regarding the FHA 203k Loan/ Renovation process for multi-unit properties in Chicago. If anyone has experience (positive or negative) i'd be curious to hear what it was lik...
Adam Martin
Zillow is free again
I just got an email from Zillow Rental Manager that it is free again to list rentals, did anyone else get this. I know my opinion is going to be an unpopular one but I'm not a fan of this and liked paying the fee. I...
Steven Morgan
Air Rights in the Bronx
I have a 3 family property in the South Bronx and have been approach by a real estate group looking to purchase my air rights. They offered my neighbors and I 100k each for the air rights to our property. Could someon...
Cade Powell
Business Loan to Start Investing?
Hello all,I am new to the real estate world and looking to start a business locally. My wife and I are young with a baby and don't have enough money to start buying real estate on a personal level. Is it possible to s...
Trista Yerkich
Condo for Rental Deal
Hey everyone! Analyzing my first possible buy/rent property. It’s a condo in the north Dallas suburbs. I’m planning on offering 30k below list (all cash) because the monthly HOA is quite high at $430 a month and the d...
Account Closed
Dumpster Domination
I was busy working on the early stages of a rehab minding my own business until I hired two contractors to help me. On their first day, I opened my dumpster and one of them who does REO clean-outs for banks was just f...