An architect told me that their architectural services for building a 1000 sq ft 2 story ADU in Los Angeles would be $40K-45K. Does that seem reasonable?My lot is flat and 'unremarkable', btw. I am not looking for fan...

Okay, so I get home yesterday and there is a message on my phone from my stepdaughter. "Christine, you might want to check out Facebook. There is a picture on there with a car crashed through the front of a house a...

What is the process that a developer goes through to fund a large new construction project?

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...

Im looking at a townhouse investment. This is my first potential deal. I like it for several reasons. For one, it appears to be virtually turnkey. This is a new townhouse development that is not yet complete in constr...

First off I use the BRRRR strategy and have done very well with it. My problem is the 3rd R (Refinance) “. I one get low appraisals and I can do anything about it because I’ve tried fighting them and bringing my own c...

I am selling 2 rental units to purchase unimproved land to be used as my future primary residence. In addition, I currently have my existing primary residence on the market as well. What are my best options to avoid c...

I was talking to a friend who is also new at this and she mentioned that she may have read somewhere about a hard money deal where it's 0% interest for the 6 months.  Of course she's not 100% sure where she saw it and...

Name and location are a giveaway given my username and the title of the thread... I've been postponing joining this forum for almost 3 years now and figured today was the day.  I'm a property insurance adjuster by tra...

A recent forum post (Dollar-Cost Averaging Applied to Rental Property Acquisition) has me thinking about market phases: Recovery, Expansion, Hypersupply and Recession. (Boring and academic, I know. Bear with me.) Many...