I won a bid on a house. there's 2 vertical cracks on the foundation. I can definitely fit a screwdriver through the crack.
it's on a crawlspace about 3-4' high. walls (no support beams).
i think i may have seen c...
They appear like they should be catching water from the gutter. Do these drain to city sewers? Should they be connected directly to the gutter?
My friend rented his place a month ago with an agreement that the tenant will pay the security deposit over 6 months. Tenant moved in with first months rent and the rent was due for this month yesterday plus part of s...
Hello everyone,I'm seeking opinions on the tax treatment of remodeling in certain situations. For example, let's pretend I purchase a house for $90K, misc rehab is $10K, so I'm "all-in" rent-ready at $100K and adverti...
I live in Chicago and have a project manager running all my rehabs in the Quad City market, and we buy about 8-10 properties per month in that market. If you have used a project manager in your business, what are your...
I am in search of a new property management company for the Jefferson/Shelby County, AL area. If you are currently happy with your property manager and would recommend their services, please provide me their contact i...
Hey BP!I enjoy learning about how to value and make offers on apartment buildings and I am trying to implement some new things I've read about.I drove past an awesome looking apartment building on the Northside of Rac...
As of today, I've been told my offer has been accepted for my first investment property! Exciting. However, I'm hustling to get everything in order to fill it.The house is move in ready as of now, and I won't be clo...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $420,000
Cash invested: $75,000
I was the buyers agent helping my client secure a legal duplex far under mar...
I just got a call from my lender saying that I'm going to have to bring an additional $2k to the closing table when I refi out of my construction loan and into a conventional. He said it is because they will only len...