I have a coach house that I will begin a rehab of in April, and have been soliciting estimates from GCs to complete all of the work. The existing water and sewer are tied to the main house, which already has low water...
Hi! I am a real estate agent and have been asked by my investor/client (currently out of the country) to oversee a rehab condo project. Has anyone done this before? The project will take approximately 3 weeks to com...
Hello All, I am looking ahead in my investing career and thinking about the day I might no longer want to do buy-n-hold rentals myself and instead invest in something more passive like a syndication. I currently own r...
Hi everyoneCan someone explain to me from start to finish how does a HML work? I always get scared when someone suggests HMLs... I literally think of loan sharks or getting your house or assets taken away from you whe...
I'm trying to buy a small apartment building, 4plex. The seller has agreed to sell me the property if I can find funding he is willing to cover down payment with a seller second.
The property is 200k he is willing t...
Hey BP,I was talking with a friend of mine about investing goals recently. He mentioned thinking about selling one of his properties:-Triplex-Currently rent is under market. I believe each unit pays around $800. He...
I have been a Limited Partner (LP) on several apartment building syndications. I have been told that as a LP that I cannot participate in a 1031 Exchange when that apartment building is sold. I was wondering does th...
Hi fellow agents,I have some buyers that are looking to invest in good cashflow properties in the northwest suburbs. Any areas what are not over priced, with decent rents that cash flow per month of around $300-$600 ...
Hello! My name is Tony Wilcox, and I am an insurance broker located in Indianapolis (licensed in all 50 states). Today I wanted to share a few pointers for things to look out for on future, and past investment propert...
I conduct semiannual inspections on my rental units, and typically give notice through text message. I have a relatively new marginal tenant whom I have had some minor problems with. (In hindsight, this person was a ...