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Results (245)
Adam Scheetz 4% Rule Duplex!! Tons of equity!! Yea, I know!!
26 January 2019 | 3 replies

Here are the numbers and Data:
1918 Duplex6 Bed/2 Baths2,281 sq.ftBanks Asking Price: $99,000My Offering Price: $75,000Estimated Rehab: $50,000Estimated Closing Cost: $3,000ARV: $220,000 (Conservative Estimate by mul...

Enrique Montalvo Jr Creative financing suggestions
18 December 2019 | 6 replies

My name is Enrique Montalvo, but everyone calls me Rick. Can a seller offer owner financing if they have a mortgage? I am a Marine veteran. My wife planned to use a USDA loan to buy a home in her name. The house we w...

David Stewart My new Florida wholesaling business model
26 July 2018 | 8 replies

Anent many discussions of the legality (or lack thereof) of wholesaling property in Florida, here's my idea of a business model for wholesaling in Florida:1. Find properties through marketing means.2. Identify owners,...

Liz C. Applicant with Marijuana conviction from 7 years ago.
13 January 2018 | 40 replies

Hi all ,

Would you take someone from Marijuana conviction from 7 years ago as tenant ?

When they say Marijuana conviction means he smoke marijuana or could mean he was selling it?

Is easy to get rid of marijuana sm...

Kin Hei Lam Is this a Scam?
4 February 2016 | 21 replies

HiI recently saw a property on zillow. It is listed as for sale by owner and the asking price is well below the market value of the home. I sent the owner a message and yesterday, got a reply from someone in London cl...

Ibn Abney Criminal Checks in Chicago for tenant screening is now illegal??!
26 April 2019 | 7 replies

Cook County makes it illegal to refuse to show or rent property to people with certain criminal records.Looking for thoughts and advice from more seasoned landlords/ property management firms. Especially in urban mark...

Anthony Mai Is this listing lying that the property is a legal 3 flat?
28 January 2020 | 14 replies

https://www.redfin.com/IL/Chic...
Curious about this property. Says legal 3 flat in the listing. Zoning says its RS3 - isn't that only a SFH? So is the listing blatantly lying or what?Also, is this a good deal? Price...

Cameron Riley What is your screening/rental criteria for C-Class and D UNITS???
15 December 2020 | 4 replies

Credit score doesn't really matter, when renting in the HOODS, or urban centers in lower income...With that being said, What is your clear cut criteria for C class and D class units? - No violent felonies - No more th...

Bill E. Closing on My First Apt Bldg Friday...some initial q's
20 June 2012 | 1 reply

Hi all-

I'm closing my first deal on Friday and am pretty excited! I know its going to be a challenge but I'm looking forward to it. I live right down the street from the bldg and grew up in the area, so I will be ...

Account Closed Lending My IRA Money
21 June 2017 | 7 replies

Talking with a syndication expert the other day, he seems to think if I lend my IRA money (using a custodian of course) to flippers that I'm somehow violating IRA rules, maybe doing business in the IRA.  He suggests h...