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So I bought a run down property for about 120K put 60K in, it's worth 225K. I have a renter for 1700. I'm not great with the BRRRR tool on the site here, but if I'm doing it right, 5% refi means I'm fine and 6% means ...
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I am looking at a property that is a legal 2-unit apartment with an illegal basement in Chicago. I ran the numbers and it looks like a good deal, even without including the income from the basement (~$500/mo positive ...
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Thank you in advance for any insight or advice you can provide! I will explain in detail the scenario below but will start off with the abbreviated version (TL:DR) version first.Thanks!TL:DRTenant suppose to be out en...
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Hello Investors,[[Long post warning⚠️ 3-5min read]] My name is Sal, I live in Las Vegas. A little background about me I’ve been in sales and marketing for about 6 or 7 years now. Aside from a few very small flip proje...
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Hi All! I have a quick question regarding what a landlord can require in terms of repairs. I've been living in my place for a couple years now. It was just sold to a new owner, and he wants to set up a new lease. It a...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lawrence.
Purchase price: $267,500
Cash invested: $65,000
This second aquisition is a duplex in Lawrence, KS. It is a new...
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I have a flip that does not have a working A/C unit. I have tight margins so I'm wondering if I should just do a regular A/C replacement or replace it with a heat pump to create a great selling point and maybe even in...
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I invest in off market properties and have always been a little worried about going into properties with hidden big ticket problems as the wholesalers dont give enough time - plumbing and mold are big on that hidden l...
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This seller called me around New Years 2016. He was whispering when he called and I was like what is wrong sir. He said his wife died bout a year ago and his house was headed for foreclosure and he was so scared to lo...
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so I'm in the process of getting pre qualified for a loan. I think I should be set after today. Before I find or look for properties should I hire an attorney? Or should I do that once I have my property in mind?