Mark Shelstad
Upgrading residential water service in Chicago
Greetings- I am looking for advice or a recommendation concerning the very high cost to upgrade water service in Chicago. Inspectors are aggressively insisting on upgraded service in many cases where it is not needed....
Idan Narotzki
Who is responsible?
Hi All!I am a new out of state investor in KS MO. Recently, my property got vacant. It seems that my PM is super overloaded and busy. I had to remind her time after time to get someone to mow the lawn. In case I get a...
Patrick Riley
First Short Term Rental: BRRRR A-Frame Lake House
It's always difficult to objectively evaluate an investment property that you also want to use and enjoy yourself. I always try to avoid these emotional tightropes but when a wholesaler offered a contract on an A-Fram...
Nathan Draughn
Pets ... exceptions, deposits, rent
I listed my first property over the weekend, a 1700 sqft house with a fenced yard. i have it listed as no pets, as i am concerned about the potential for damage. I know that most renters now have a pet, and with a yar...
Ryan Oneal
Found this informative. Advice from a home inspector.
Site - Does the ground around the house slope consistently away?- If there are underground drains, where are they going?- Are there any trees at the foundation?- Is there adequate drainage for retaining walls? Any cra...
Steve S.
Buying a 1940 house as a rental
From reading on here and listening to the podcasts, it seems this isn't too uncommon in the rust belt. However, I'm looking to do this in Texas for about $65,000. It would cash flow around 17% based on projected ren...
Michael Lauther
How to deal with wholesalers
[b]I have made an offer on a property through a wholesaler. Is there any reason that we can't just close through the title company with the current owner and have the wholesaler paid from the owners proceeds. I would ...
Ashley G.
Is it possible to get HOA Financed? Also how to get board to buy into the idea of getting a Certified (or forensic) Audit?
Hello. I'm new here. I've lurked minimally, but have read some of the material produced by BP beginners. To make a long story short, I am the Treasurer of an owner managed HOA. I took the position in April of this yea...
Sid Franklin
Chicago Gentrification
Does anyone think that Chicago's record tax hikes and the possibility of a tax exemption for property's under $250K will lead to a new round of gentrification largely driven by Millenialls wanting to live in the City ...
David Caradonna
Subject to Financing
Good afternoon. I recently came across an interesting situation where I believe subject to financing would be a good situation but I have never been through this before so looking for some help. Long story short I was...