Andrew Lawrence
Property Manager vetting
I recently heard a suggestion on vetting PMs by looking their company name up in court records to find if they have any pending lawsuits and then interviewing them based off of that knowledge (more lawsuits = more sus...
Scott Rowsick
House Hack v. Apartment/Condo Rental
Hey all!
I'm looking for any and all advice/instruction/guidance on house hacking in the South Side of the 757. I'm trying to go FHA/203(k), hoping for a foreclosure, on duplex/triplex/quad. I know that's all pie in ...
Henry Lazerow
Karma hits 1922 W Grace seller - $11,000 a month unit squitter
A little bit funny. This same seller https://therealdeal.com/chicago/2024/05/08/first-chicago-sel... who tried to be greedy by offering $0 co-op for buyers agents. They finally gave up and decided to rent out their ho...
Joe S.
PM wanting to lease property to tenant with 2 Great Danes
My property manager wants me to lease to a tenant with two great Danes. The house has been recently rehabbed. It has Luxury vinyl Tile Throughout the house. I’m not really certain the right move to make. The PM is sug...
Mario F.
Looking to buy a duplex and convert large garage into studio
Hello, I'm looking into buying a duplex in Los Angeles. My offer has been accepted but I'm still debating whether to take it. This duplex has two small units and a large spacious lot in the back along with a three c...
Andres Piedra
Hahaha! Full Panic Mode! ! ! !
HUD just accepted my, what I thought was, TERRIBLE offer on a property! Yikes!
Now what?!
Felix K.
Foundation Engineering Survey - Not sure what to make of it.
There were a crack on garage wall, so I hired a Structural Engineer. Attached a survey and part of their statement regarding it. I can't determine if the issue is serious or not. Would appreciate your opinion. Tha...
Gareth Fisher
Air Bnb Property Criteria
Hey guys, I have been investing for several years now and am looking to try my hand at nightly rentals.I am looking to do a hybrid of the BRRR strategy. I own a contracting company so it fits well with my skill sets....
David Lee Hall, III
Painting a rental single color
I have typically done 3 color schemes in my rentals (ceiling Lowe’s Maintenance Paint, walls S-W On the Rocks, trim S-W Pure White). I just purchased one that is a step down in level and rent rate and am looking at do...
Ray Browne
What kind of cap rates are you looking for?
I'm currently working on development plans for two small office properties, one in Annapolis, MD and one in Washington, DC.
Cap rate on both , conservatively, would be approximately 7.2% ; that's at my sell p...