Hi everyone!First time poster. Really love all the knowledge in the forums!Me and my SO are in the process of closing on our first duplex in the Chicago south-side area and going through the home inspection. We plan o...
Hey everyone,I'm in the process of purchasing a multi-family apartment building and just discovered none of the current tenants have any kind of move-in inspection. A bit weird for me. I'm use to a move-in inspectio...
I just had this sent to me about rental inspections in Balto city . I deleted the company name Dear <<First Name>>,As of December 31, 2018, the new Baltimore City rental property inspection laws are i...
Hello everyone,I am making some offers on properties sight unseen on MLS (retail and REOs) and something came on may mind. Let's say: the seller accepts my offer and I do inspection on my own without an official inspe...
I am interested in purchasing a 12 unit building and in the description it says it is a HUD building. I am wondering if there are any special requirements or difficulties I need to know about or should look out for?
This is probably a silly question and I'm new to real estate in general. My question is, let's say now I have a project that I'd like to divide a large living room into two bedrooms (and might even create a separate b...
Hi BP folks..I've been noticing in Cleveland quite a few Triplexes for sale but are on public record as being a *Duplex*. It seems the city has looked the other way on many of these for years.My questions are:- Has a...
I am in contract to purchase a 6 family building in NJ. Green card inspection was done but will take 2-3 months for the actually green card to be issued.
Since no green card in hand my lender requires 5k in e...
Hi Everyone,Thanks so much for your input in advance, as I'm a bit over my skis on a property that is currently under contract. Let me first provide a little context on where we are at with the deal and the overall co...
I am looking at investing in a 10 unit property in Worcester County, MA. I am underwriting the property and having trouble estimating the expected maintenance. Obviously with an older property there tends to be more R...