I'm looking a a home for a flip which needs fairly extensive work but it looks to be manageable.The house was listed as built on a slab but when I looked it turns out there is a crawl space and a cinder block foundat...
“Let’s jump right into it”
I’ve heard it’s good to start with what I have to offer: So... I currently reside in the Chicagoland area. I have some experience remodeling homes, general demolition and construction and ha...
4-family under contract for 150k. Comps are a little under that number, but this deal came through MLS and under multiple offers. Inspection showed that there is probably $15k repairs that need made (roof, driveway, w...
This is regarding a 13 unit building in Illinois that went condo in 1979. The building has 12 above ground units and a single garden unit. In the 1979 condo declarations the garden unit is listed as a 1 bedroom with a...
Hey Y'all,I recently installed a storm door at my primary and enjoy it so much I am looking at installing these at my short and medium term rentals. I found some discussions on general tradeoffs for having a storm do...
I'm looking for advice on how to handle HVAC maintenance for my rental portfolio of 30+ units. I have signed up for annual service agreements for some of my properties but not all. I have agreements with a few diffe...
I am looking to buy my first rental property as a house hack somewhere in Northside of Chicago, early next year. I currently own a condo that's paid off. My question is how would I find accurate numbers for heat and w...
We acquired a rehab for about $30,000. Requires about $18,000 repairs. ARV for property is about $85,000. Average rent in area is about $800. Would you sell or use property for rental after repairs? Whats the best rat...
I am trying to figure out how much equity I would need to raise to build a hotel. Here are some assumptions:- Let's say I were to a build a hotel and the total cost were $10 million- The value of the land on which the...
I am in the Chicago suburbs and what look like some of the best investments in my area are small multifamily properties (2-4 unit). I am talking suburbs and not Lincoln Park so these properties do have lawns, dri...