Isidora-Izzy Sadzakov
10 Common Pitfalls to Avoid in the Fix & Flip Process
Fix-and-Flip projects are generally seen as promising business opportunities that can generate quick cash profit and good return-on-investment (ROI). An entrepreneur may need to completely transform a property or simp...
John Anderson
Does a MF building require an extra meter for common areas
I have a very large 4-unit building with knob & tube electric wires so I want to rewire the building. However, there is only 4 meters in the building & none for the common area. The common area consists of 2...
Michael Broks
Delinquent property taxes on house owned by 3 tenants-in-common
A lawsuit was filed by the city for delinquent property taxes. Property is owned by 3 tenants in common, 2 of whom are deceased. I am the one still alive, and do not want to continue to be solely responsible for taxes...
Phil C.
Section 8 inspection - no inspection in 2+ years- is this common?
Has anyone had their annual inspections on their section 8 rentals delayed by months? In our city (Bay Area), inspections are done every two years. Looking at our records, it's been almost 2 1/2 years since the last ...
Adrian Chu
Saw a Englewood rowhouse come on the market, with a tenant!
Fellow BPers, wanted to get your take on something like this.Address: 506 W 61st Pl, Chicago, ILAsking is 17k, rented for $800 a monthIt's in Englewood. Hoping to get familiar with different areas of Chicago. Thanks ...
Reynald Jean
It's decision time and we cannot come to a common ground
Hi, guys!It's decision time and we cannot come to a common ground on what to do. one thing that we agree on is to buy something with equity. we are reaching out to you guys for advice. It's gonna be a starter home. Ou...
Redgy Saint-Germain
My realtor refused to show me 2 deals because of his commision !!
What should I do ?My realtor is a great guy but this is the second deal that he refuses to show me ( he rather give me the number to call ) stating "he is not driving 20 miles for 500$ commission"I saw a condo where t...
Matt Cramer
Can Rich Dad Poor Dad beat up Dave Ramsey?
To borrow or not to borrow, debt free is the way to be etc etc etc. The way I see this is a risk vs reward. How do you decide though where the risk is to great or the reward to little? How do you decide to purchase a ...
Michael L.
Opening the Kimono: My Out-of-State REI Experience
Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
Thuy Pham-Satrappe
Do you invest in high crime areas?
For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...