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Many of the multifamily properties listed in Chicago (in the $400k-$600k price range) are built between 1890-1920. I noticed many of these foundations have settled, cracks in plaster, dips in the flooring, etc. If the...
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Don't walk away....run away. If you are thinking of doing business with these guys and need some advice, pm me for the details of our 6 month fiasco. These guys are smooth/fast talkers. I don't want to talk badly abou...
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Who am i?Derek P.What do i do?I am currently employed with the HD as a PASA, A PASA is a Pro Account Sales Associate. What do i know? Everything any real estate investor of any type should know.What will you learn her...
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Hi BP Fam - The hubby and I have enough money saved to pay off either 1 of our rentals or our primary residence. Wondering how others might approach this, what makes the most sense, and why. Below are some data:1.) ...
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Hi All!I'm new to buy and hold investing. I'm using a excel spreadsheet that has a conservative 10% vacancy reserve and 10% maintenance reserve every month. I've spoken with turnkey companies that say they use a much ...
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Here is the setup...I have my eye on 2 parks in the same general area. I think both are over valued based on their asking price...but what park isn't?
I would like to make 3 offers as LOIs, to soften the blo...
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Hello BiggerPockets community,
I've been searching the internet lately, sifting through a multitude of deal analysis tools, Excel templates, proformas, and DCFs, all aimed at deciphering the viability of multifamily ...
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I have to admit--I am sooo nervous about buying my first rental property.I spend hours on the MLS, look at properties left & right, analyze until my eyeballs ache—but I still haven’t been able to work up the nerve...
Hello,My first post on BP and its a doozy! So I own some properties in Baltimore Maryland. I'm not located in the state and found a PM to help me manage the properties. I've had a difficult squatter situation and was ...
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I just recently came across a property that has extensive fire damage. Have not done a walkthrough yet. Did a drive by and the exterior is intact as is the roof. So it seems the fire was contained mainly to the first ...