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I'm in my 3rd year at Ohio State and I am beginning to think about dropping out. I do really want to get started on my real estate career for one thing, but I honestly feel like I'm just going to school because "I hav...
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I have a lot that I bought at auction for $8400 on the outskirts of a rapidly gentrifying neighborhoods. I have an offer to sell it for $70k and it could probably be divided into 4 or 5 lots. It is seriously overgrown...
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I'm in the process of getting a 30 year fixed loan, then doing a wrap around mortgage to a buyer. The problem is that the lender is requesting insurance, and apparently, according to my attorney, after I do the wr...
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Hello BiggerPockets community. I am getting close to my first deal (eek!) and would like to start interviewing some contractors for my project, in Buffalo NY. A true overhaul of the property will be in order, so a gen...
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Hey guys, first and foremost very thankful for the answers in my previous post. Now I've been reading on the role a whole seller plays and felt like it was very similar to what an agent does. Wouldn't it just be bette...
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I have commercial property that generates $144,000 per year on NNN leases. My mortgage totals $36,000 per year.
I am nearing a condemnation offer from the state due to a new bridge going through the property.
I hav...
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Hello All,I'm curious to learn ones (contract/payment) systems/approach when it comes to hiring contractors (be it a general contractor or subs) and paying them for their services. I'm in Chicago, and there are SOO MA...
Hi Everyone - I've been approached by investors about doing a joint venture for a deal. I would be funding most (if not all) of the purchase & reno costs. My question is, how do people protect that money? Is the i...
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Yesterday, June 9th, I closed on a 3-unit multi-family. The bank gave me a hard time throughout the transaction especially this last week leading up to the close. It even got a little hairy during the close and it alm...
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Hi All,
Background:
I recently had a tenant leave my property (prior to having to go through the eviction process) who was multiple months behind in rent, had late fees, and damages to the unit documented and itemiz...