Henry LiChi
Looking to get into the Cleveland market
Hi all,I’m a new real estate investor with an architecture background and development experience. I’ve been researching and talking to property management and realtors in Cleveland. Even made a few offers but someth...
Joe Ebanks
Deal Analysis on complicated property. And appraisal question.
Hi all. Im looking at a 12 unit apartment complex for sale near where I live. The owner recently passed away and the heirs had it appraised and are selling it now. It has 11 units occupied and 1 unit vacant for showin...
James H.
Gas stove that turns itself on?
Just got a report from the tenant that they have disconnected the gas stove because it turns itself on when they are gone? This is a modern gas range with electirc ignition. Said they have come home twice to a hot hou...
Lorene Fleming
Evaluating an empty multifamily
I understand the concept of making an offer on a mf based on NOI and expenses and the cap rate; however, in the event of an REO mf that will be empty - if not @ coe than not that long after - but still non performing....
Gabriel Miritello
Multi Fam Numbers running questions
Hello,Looking at a 14 unit with room to expand (potentially 7-14 additional units or 30 storage units or a combo of each). However i have a few questions to make sure my numbers make sense.I have spoken with a lender ...
Bel Crawford
Home renovation cost
I am planning a kitchen remodel and master bathroom addition in my fixer upper. The design / construction company that I want to work with quoted me 135K for both projects. I have seen the great work that they do an...
Robyn Watkins
Going under contract on a Condemed Property
Hello BP members! My name is Robyn, I'm a new rehabber/flipper. I located a great deal on a vacant condemned property that is paid for in full sitting on over $300k in equity. The owners want to sell however the house...
John Warren
Achieving a goal with a 19 unit value add
Yesterday was an exciting day! I started a journey back in 2015 towards financial freedom with a goal of acquiring 50 units in 3 years time, and yesterday I was able to acquire a 19 unit value add apartment building i...
Chris Ukachukwu
How do I find serious (professional) note buyers for Gary, IN mkt?
Dateline: Gary,IN (GI, Michael Jackson's birthplace)
I have a brick 4-unit rental property under land contract since 2007 but the owner wants to be bought out ASAP. Sometime around the beginning of 2011 I posted an a...
Account Closed
toxic houses
I'm chemically sensitive, and belong to MCS fora. This, with permission to forward, was posted in one of them on Sunday.
If it doesn't belong here, please put it in the proper place.
"Another downside of that housin...