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If I purchase a house with intent of finding a tenant buyer to sell with a lease option, do I need to apply the 50% rule with this property. I am not planning on renting it, the term would be 1-3 years. The potentia...
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Hi- apologies if this has been asked before, but is FHA 90 day rule from the date the property was purchased (settlement date as shown on HUD), or the date the deed was recorded?
Thanks, Jon
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So I have a few rehabs under my belt and I would like to bid on homes that other investors might be intimated by such as mold and structural issues. How do you estimate these kind of repairs to put in an offer? My t...
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I plan to purchase an assisted living facility (CBRF) in the state of Wisconsin. I'm overwhelmed with the process - just the license application is a monster. Any help/ advice would be appreciated! I am really looking...
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It's amazing how it becomes common knowledge to the people around you once you're truly passionate about something. One of my coworkers is a painter on his spare time and people come to him consistently about custom ...
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Is this common being that the property is sold "as-is"? We just submitted an offer and "oh by the way we need you to sign...a mold disclosure/indemnification agreement".
I am simply wondering if this is customary or...
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I haven't seen anybody write specifically about this before. After looking at hundreds of thousands of dollars in suspended passive losses, I'm planning to provide substantial services on my next house hack. This soun...
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Recently, was contacted by a person who wanted to see an open property. Once there and seeing that they liked the property, they mentioned that they were disabled and had a voucher. I've tried to do some research on l...
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BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
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Economic Update(Monday, February 1, 2021)
I’m starting to really like these Executive Orders. Consider this; in less than eleven days, President Biden issued over 50 Executive Orders, including; rejoining the Worl...