Craig Chrzanowski
203k loans, some questions?
Hello all,
I've found a house I believe could work with a 203k type of loan. its is government owned but in a nice suburb with good bones, a newer roof and seems like asolid starting point. It's Large two family that...
Robert Hernandez
Have not hear back from buyer inspection, is this a concern?
So I am selling a home and the contingency inspection period ends today. The buyer inspected the home on Tuesday, but I haven't heard anything in from the inspection or if they want any repairs or anything. Is this a ...
Account Closed
When Wholesaing how do you calculate the repair costs of a property out of state?
I'm starting to learn a bit more about virtual wholesaling, but I'm not sure how you would calculate the repair costs of a home if you aren't there to see it.
Jesus Villarreal
How would this look to an investor looking to buy
dear Bp members,
I am in the process of acquiring a property that is 50k arv but in need of 20k in repairs. The owners were wanting somewhere close to 20k. I offered 8k and they countered with 15k. We agreed...
Mak K.
Home Warranty Insurance
Hi,Is home warranty insurance worth it? I did used it couple of times on my rentals, but then I realized that I was already paying a good chuck per year ($700/year or $60/month). Also each service was $70. Is it worth...
Greg Raymer
Top Tips For Rehabbing A House
Here are some top tips for rehabbing a house:
Set a budget: Before you begin the rehab, set a clear budget and stick to it as closely as possible. This will help you avoid overspending and keep your costs under contr...
Frank S.
Non-Section 8 Tenant Wants to Sublease to a Section 8 Tenant
Hi there,
Here is a strange question. This is specific to Chicago, IL for non-owner occupied properties.
How do you handle subleases? What's the most efficient way to do them? Do I screen my tenant's selection o...
Ken Hui
I just sign a contract for off market property, now what?
I have experience buying MLS properties in the past, and this is my first time buying off market property.I just signed the contract with one property. It will be buy and hold, hopefully BRRRR. What advice would you g...
Jef A.
Umbrella Insurance VS LLC tax question
I have my first rental property and have been considering getting umbrella insurance on the property and not setting up an LLC for it. How does this work from a tax perspective? Do the tenants write the checks out to...
Prasad Gupta
Ohio done with tenants ... need to evicit them at any cost.
I own a triplex in Ohio and all three tenants are friends and each other keep creating some or another issue each month which is going crazy. 1. One tenant never pays on time and she says before paying rent some or ot...