I am wanting to do my due diligence on a 5 unit property (a duplex and a triplex on the same property) all of which are filled with tenants. I am wondering if people have suggestions for good questions to ask the sell...
Hi,I had my offer accepted on a foreclosure. My agent advised that a previous deal fell through for low water pressure in house.Paperwork stated " water pressure fail"Should i be concerned? Is this a dealbreaker?What ...
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...
Greetings team!I am the process of exploring an opportunity to flip a fire damaged property. Have never dealt with this kind of properties. I tried to get some elementary education on flipping such projects.So far, my...
Hey Everyone! I had a question about financing for a new build for my family's lake house. We know alot of people in the industry when it comes to plumbing and such, and we even know a group of Amish people, that bui...
I have some properties in Oceanside, a multiunit west of the 5, and another in the small foothills. I was already informed by State Farm that they will not be renewing my multiunit policy. I'm sure several here has ...
Hi all,I'm looking at a 3-unit is Shaker Heights and the realtor sent over the Point of Sale Compliance Inspection Report. One of the violations stated the 3rd floor may not be used as a separate unit. However, the ...
Has anyone had an experience with a rental with an HOA in financial trouble? We bought our first condo rental, in a 40 year old complex near a major university. The property is mostly investor owned as rentals are no...
Hey guys, This is an interesting topic to me, I did a bit a research on google but the results were confusing. If you buy a 4-Plex and decided to pull a permit for one Unit to start your renovation project and not t...
Good Morning All! Two questions actually.First, is the 'de minimis' limit for an individual landlord $500 or $2,500? I read Amanda Han and Matthew MacFarland's book and understand (or interpret it anyways) that the li...