Matt OToole
Old multifamily buildings
I am considering buying a multifamily property in the city of Chicago in the $750k-$1.5 million range. Likely a 2-4 flat. This would be to live in for a couple years then maybe move out, but hold forever.Most of the...
Gaurav Mehta
Buyer agent charging the buyer a fee?!
Hi everyone! I’m in the process of purchasing my first investment property. After months of analyzing and looking at potentials, I finally found a property to make an offer on. The agent I’m working with who is very b...
Dean Valadez
Lease Renewals and Rent Increases
Hello. I purchased a quad plex last October of 2023 and inherited 3 leases. One unit was vacant and I was able to fill it fairly quickly. Of the 3 inherited leases, the tenants were not asked to pay a pet rent for the...
Chris Iley
Metro Detroit Flip w/ pics $700 invested 105k profit
Investment Info:
Single family home in metro Detroit
Purchase price: $121,000
Rehab Costs: $45,000
Cash invested out of pocket: $700
This was my very first flip! I did 95% of the rehab and I'm really thankfu...
Andrew Sundseth
Build to rent SFH with ADU?
My wife and are planning to buy land in the next month or two so that we can build a home in the next year or two. Our plan is to build a SFH with an attached ADU that will cash flow and ideally have a good amount of...
Bradley A.
3-Flat repipe, galvanized to copper. Increased value?
Looking for insight on whether or not repiping our Chicago three flat from galvanized to copper (PEX isn’t allowed) will add any significant resale value.Repiping is on our less urgent list of necessary maintenance it...
Joseph OHare
Renters Squatting in Recently Purchased Off-Market Deal - TEXAS
Hello everyone, I have a unique situation that I have not experienced before. I purchased an off-market property located in Texas through Auction.com. The property was listed as occupied. I figured this would take som...
Chris Martin
SDIRA Year end Fair Market Value
When completing a 'fair market valuation' for your self directed IRA, who are you using as the independent valuator? I don't want to get an appraisal for a property I just bought. Actually, I just don't want to pay fo...
Dona D.
Best practice for raising rent annually
Hello BP community, what is the best way (and wording to write) for raising rent?Thank you.
Sezuo Daudu
Chicago investors, advice needed
hello everyone and thank you for stopping by on my post. I am a new investor and looking to purchase my first 4 plex. I was hoping I would be able to find my building somewhere around the Chicago land area since I am...