Ryan Bolus
Parking Lot Striping/Painting
Hi Everyone,
Two months ago I closed on my first deal - 2 fourplexes, less than 2 miles from my house. The numbers worked great (at least in theory - time will tell!), and now I am in the process of getting ...
Drew Denham
Drain the washing machine into sump pump?
So I'm way over budget on a rental and after installing the washer and dryer come to find out there isn't a drain for the washing machine. What are my options? Is this a big deal? Could I add a pipe and connect to the...
Tom Kaz
Evaluating a 4plex before placing an offer..
Just got back from looking at a 4plex in a suburb of Chicago (nice neighborhood). Building is completely tenant occupied with 3-2bedrooms and 1-1bedroom, unit comes with new boiler, water tank and new coin operated wa...
Simon Obas
Roofing question for a flip
Peace. Currently working on a flip and the home needs a new roof. I am thinking about having a contractor lay new shingles over the existing roof. Is that a no no? Or is that pretty common? How will it impact me when ...
Kevin Danikowski
Sell 2nd Lot and Lose Parking? 3 unit in West Chicago
I have a building that has 2 lots. I'm considering selling it, and the land is worth about $50,000-60k (located in forest park).Currently, there are 5 spots lined next to eachother on the short end of the property whi...
Crystal Knowles
Driveway easements/ neighbor issues
My husband and I have recently purchased a home to rehab and use as a rental property. The house has a driveway on one side that we have used since purchase. Recently while using the driveway we were informed by the r...
Chris Reynolds
Rehab calculator questions
I've been aggressively trying to figure out how to purchase my first deal. I've been able to get in with agents and have been getting deals sent to me daily but I have zero clue when it comes to estimating rehab cost ...
Alex Babayev
$27K Flip Profit + Deal Analysis (Would you take smaller profit?)
We bought this outdated & uninhabitable 2BR 1BA 800 sq ft SFR in Smyrna, GA on May 10th, 2017 off the MLS. It was listed for $68K and had multiple offers with a highest and best situation. We paid $73,800 cash for...
Jeff Brower
4 Unit Analysis. 1 BR units, FHA owner occupied loan.
Hi all, I am currently searching for a 4 unit to buy and owner occupy using an FHA 3.5% down loan. There is nothing in my market that is desirable to me, so I did an off market mailing campaign to all 3/4 unit owners ...
Talon Revis
Accurately figuring repair costs
I am looking at a couple of multifamily homes right now. This is my first...What's the best way for a beginner to learn how to properly assess repair costs? I see people walk through a home an just "know" and are ...