Hi everyone I need some help and your opinion on this. Please educate me and leave any suggestion or comment for me. if you think any section or step is useless please tell me. and if you think I need more detail in a...
Good evening! Let me just jump right in on this. Recently my partner and I got involved in our first owners financing deal. The numbers sounded to good to be true, so of course, they were. The seller had no idea what ...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $278,000
Cash invested: $389,000
Sale price: $775,000
Restoration of a 1895 Victorian home. Restored original ...
Everything went wrong with this investment:
- Took 4 months longer than expected
- Cost $10K more to build than we anticipated
- Sold for $20K less than we anticipate...
My mother recently passed away leaving her home to my aunt and I as joint tenants. On 5-2-16 someone filed a "affidavit term of joint tenancy" to take my mothers name off since she is deceased to make a clear title. P...
My mother recently passed away leaving her home to my aunt and I as joint tenants. On 5-2-16 someone filed a "affidavit term of joint tenancy" to take my mothers name off since she is deceased to make a clear title. P...
Hello All!My wife and I purchased our first duplex ~4 years ago, and overall it's been a pretty good experience for us. We bought a place that was in great condition for the most part so we have rarely had to deal wit...
What Could Possibly Go Wrong? A Cautionary Tale for Newbies and Not-So-NewbiesThis post is intended to share some observations gained from more than a decade as a real estate investor, and to offer some words of cauti...
This may seem stupid but, what’s wrong with having rent due on the 15th or any other day? Is there something I’m not thinking of.
Hey BP, I'm looking into a 455k 11% cap turn-key 7 unit fully managed off-market property in Southern Chicago, and I'm trying to figure out if I'm doing something wrong in my analysis. The property is in a C grade tre...