Hello guys got a question for you. We just purchased a three flat in chicago with tenants, after doing my detail inspections check list on each unit notice a few thing need to be repaired the biggest one is bat tub...
Investment Info:
Townhouse buy & hold investment.
Purchase price: $170,000
Cash invested: $60,000
Baltimore Row home.
What made you interested in investing in this type of deal?
It w...
Hi All,I'm a new investor and this is the first time a tenant left my property (3b/2b 1600sqft) in GA. I was wondering if you could help me understand if this estimate is fair. The PM said they would try to collect th...
Hi.My inherited teanent moved out since her lease was up right one month after closing the property. I have no pet policy, but she had the $500 deposit for pet along with $1000 deposit. The thing is all carpet are dam...
Hi, I sold a small multifamily in California. Before listing it, I had lots of expenses, including painting, floor refinishing, plumbing repairs, staging, cleaning, etc.In a 1031 exchange, I purchased two small multi...
I will be turning over my rental property next summer. I plan on replacing the carpet, doing some painting , adding A/C and also considered upgrading the kitchen. The counter tops are Formica and the color is out date...
Hi All,I am working through the process to close and begin work on my first investment property (flip) and have what I know are some basic questions. Background: The house needs a good deal of work (roof, gutters, p...
I am looking at flipping a property (4 bed, 2 bath, ~1,800 sq. ft) in NJ and the estimate I received seems high, so I was looking for some peer feedback.I was looking to change the following:Kitchen (new cabinets, cou...
Property manager is holding security deposit (several thousand dollars) in
escrow. Landlord makes claims against a large portion of security
deposit upon tenant moving out. Tenant disputes the claims. Propert...
Well this was a long time coming, but I finally did it. In October of 2023 I was able to close on my first property. I will include numbers below. What happened after that....an immediate eviction. Luckily it wasn...