Looking to get a little advice here as I'm in the process of buying a 2-flat here in Chicago.  I recently filled out the loan application and there was a section that was titled "loan estimates" where it has Terms, Pa...

Hi, thanks in advance for reading and any input.  I'm not seeking legal advice but certainly if you think a lawyer is appropriate for this one, please let me know.  I have a letter with multiple complaints drafted to ...

So im looking over the financials of a two for one commercial property purchase. One of the buildings is a small storage facility and the other is a self serve car wash. Both the storage facility and the car wash are ...

Wondering what the appropriate questions are to ask before making an offer on a Multifamily?  I assume you'd obviously want the gross scheduled income, vacancy, gross operating income, total expenses and NOI but beyon...

Good morning! Has anyone here used Do Hard money loans for rehabs/flipping, or is anyone familiar with their practices?

I am new to all of this and need some help and advice.  I acquired a mobile home on a 7000 sq ft lot through foreclosure in Merritt Island Fl. and I need to rehab it so I can get it rented out.  I hired a local guy wh...

How do you estimate rehab costs and time? Do you roughly estimate or get very detailed? Do you leave it up to a contractor or handyman? How about if you do most of the work yourself?Do you add a certain percentage to ...

Okay so I am trying to get better at estimating rehab costs and currently I am trying to come up with a list of how much repairs will costs. From my understanding their are two philosophies when it comes to repair co...

I bought a house in 2011 and lived in it prior to moving out at the end of 2014.  February of 2015 I began renting the house.  I am trying to determine my cost basis for depreciation.  I know that it will be the lesse...

Hi I posted in the past about this tenant, but anyway no payment for January gave 14 day pay or quit in mid January, she said she left but left some of her stuff, her husband called me (they are getting divorced), sai...