Lloyd Segal
Economic Update (Monday, June 28, 2021)
Economic Update
(Monday, June 28, 2021)
Should Investors Wait Out this Crazy Housing Market? I know. I know. I feel your pain. You’re an investor. Investors buy and sell properties. You’re chomping at the bit ...
Sam Green
Problems with management company. NEED HELP!
Hi. I'm having serious problems and need help. I've got a few properties out of state which are being operated by a management company. Here are some of the problems:
1 - My contract with the manager states that t...
Terri O'Brien
Putting an offer on my first duplex
I am going to be putting in an offer on my first rental property next week. I have run the numbers and I know that I will be offering about $4,000 less than asking. How do I know if even this isn't too much? Do I g...
Kris Belco
Soon to be new landlord - what I have done, what I need to do
A total real estate investing newbie here. I don't even know if the term "real estate investor" is a misnomer for me! I'm taking really small steps in going into this, but from what I have read, this is the path t...
Kevin N.
Evicting Squatters
Just got a REO property, the bank never evicted the original owner when the house got foreclosed. Cash for keys did not work. The only way to evict him legally now is go through the court systems but that could take ...
Derek Luttrell
How Often Do Things Really Go Wrong?
Hi Everyone, Pardon what could be a wildly ignorant question, but I drove from Chicago to suburban Indiana last weekend to look at some duplexes, and I am doing the same this weekend--needless to say, I am incredibly ...
Boone Tyson
House caught on fire and insurance didn't pay!
Investment Info:
Single-family residence fix & flip investment in Mcallen.
Purchase price: $80,000
Cash invested: $40,000
Sale price: $104,000
Had it under contract to sale at 165K and it cau...
Jay Maranan
Carpet for rental unit? Yes? No?
Hey BP folks,Hope everyone is doing well considering this whole COVID-19 issue the World is currently experiencing. Stay safe and keep up the good hygiene! Even though this virus is going around, I am still focusing ...
Danny Duran
Buying a Property with Mold in it
BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
Account Closed
Whats the most amazing inexpensive countertop on the planet?
Hello BP! :)Just closed, with a group of investors and myself, on a 50+ unit apartment building.We have to rehab the whole thing over the next 18 months and my GC and I have a small bet on the counter-tops.I believe t...