I have ran my own numbers and I feel like I am getting a really good deal here, but I would like you seasoned rehabbers to let me know your take on it.To give a little background....This is a lower end neighborhood, s...
Hello all - I wanted to post this because I hope it will help other beginner investors who are using conventional loans to buy rental properties.I ran my scenario by a real estate attorney and they agreed, so I want t...
I've noticed that some people like and want 2, 3 and 4 plexes, but never understood why. What do you think? I understand that there is just one roof and one exterior, but also that SFRs are much easier to sell, a...
I am a newbie and just established an LLC for the purpose of buying single family,duplexes and quads as buy and hold investments.
The mortgage broker just informed me that lenders will not finance a conventional mort...
After screening prospective tenants and making a selection, am I obligated to let the applicants who did NOT get approved know why they didn't make it? Not sure if it's best to "say nothing"....be vague....or tell th...
I plan to rehab many and am trying to streamline the process. Questions:1. Where should I put carpet and where should I put tile? 2. What appliances should it include?3. What are standard colors of interior and exteri...
I received a letter today from the Housing Authority that as part of the "Section 8 cost-saving measures" The rent payment will be reduced from 110% FMR (Fair Market Rent) to 90% of that. Does anyone else received thi...
I am on the verge of moving out & renting my first apartment unit (for myself), and I found a place that I am highly interested in, so i submitted an application for $25.00, along with a copy of some pay stubs, li...
I am looking to kick off my real estate journey soon and I need all the help and support I can get! I hope to connect with experienced people who can help me avoid the pitfalls that new investors might run into. I am ...
Need some help with this one...Grandfather owns a duplex, he is 90 and not in the best of health. He owns the duplex outright (in Evanston, a suburb of Chicago) and has 4 children, one of which has a power of attorne...