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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $120,000
Cash invested: $21,000
Sale price: $279,000
This was my first flip. Had I used all my own cash I would...
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Hello BP! As a newbie with little capital, one option is to find a partner. What are qualities you look for (or would look for) in a partner? What are some important questions to ask? I know that any partnership arran...
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I closed on my second out of state rental back in early July and the tenant finally moved in a week ago. Here are the lessons learned from this one:1. if vacant, assume it will take 2 - 3 months to get a suitable te...
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I have access to a lot of pre foreclosure home owners and have been thinking about contacting them but my real estate investor friends say it's too complicated and very strict law. is that true?
I thought that as lo...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,500,000
Cash invested: $35,000
4-Unit building in Wicker Park, Chicago. 3-unit front building with a dupl...
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So I had tenants that have already moved out. During the last part of their stay - they brought in a dog, without any notice, claiming it was a service animal.Turns out the rental falls into an exception for the "serv...
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In May this year I got a property under contract for 35,000. I thought it was going to a simple transaction. I could not have been more wrong!!!! It finally closed today, the end of September!! 4 months before I got p...
I’m a newbie landlord in Cal and have already served the 3 day notice twice with my very first tenant, I’m still in the early stage of this painful eviction process.Tenant claimed heater broke down the second day afte...
Hello Note investors -
Would you mind sharing your worst Note deal? I keep seeing case studies that are either A) homeruns or B) where things didn't go as well as they could have but still resulted in singles. What I...