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We are working on a deal for a commercial loan for a 20 unit property. This is the first time we have tried to buy something this big. Our loan officer and underwriter said they will be taking our deal to the loan com...
Squatter NightmareSo, I wanted to make people aware of what happened to me with a house I purchased for investment, so that you don't make the same mistake. The moral of the story is do your homework, and if it seems ...
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Looking for recommendations on how to transition from General Contractor residential rehabs to real estate development, real estate investor, new construction builds. What is the process needed to acquire the proper f...
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I am in the process of closing on a duplex here soon, also inheriting a tenant so I'm ready for that too, very excited/nervous, I am ready for the ups and downs of managing rentals.But I was wondering if anyone knew i...
Hey all,First post here. I own a 2 flat (3 units)with basement unit on the west side of Chicago. It's a greystone in decent shape. I live on the top floor and rent the bottom 2 units. There is an enclosed rear por...
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Hi everyone. My name is Flip, and no I’m not into home flipping it's just my name. My fiancé and I have two single family homes (one rental and one house hacking with a housemate) and we’re looking to make the move in...
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I am in contract to purchase a house that recently had a fire, but most of the studs are salvageable, however.. all bathrooms were removed, all flooring was removed, all HVAC needs replaced, ALL plumbing and electrica...
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I have a number of single family homes. I have sold a few and 1031'd the money into DSTs. I don't love those for a variety of reasons. I have learned recently that one can 1031 into many syndications. This is appe...
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Hello! Long story short, we were trying to wholesale a property but ended up closing on it instead. It's our first project and we want to do the BRRR method. Problem is, the extent of the renovation is HUGE. It's a 18...
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I am wondering if any of you can clarify how you manage renting to Section 8 tenants regarding the rental required when entering the lease? I was under the impression that Section 8 pays first, and last month while th...