There are two types of people in this world. People who see problems, and people who choose to try and fix them. How many of us walk past trash that is in our direct path, but instead of picking it up, just assume tha...
So I just finished up my first eviction proceeding. Tenants did not pay November rent, and the constable will be at their door at 9:00 am on Tuesday, December 3. The only reason it took that long to get it done i...
I have a motivated seller that is willing to sell on terms. Here are the quick numbers: ARV = $600,000 to $625,000Repairs = $25,000Purchase Price: $500,000Mortgage Balance: $500,000PITI: $2,750/moAnnual HOA Fees: $2,3...
I have a question about foreclosures. I know that in most states, when a property is foreclosed and goes to the courthouse auction and you are the high bidder, you own the house that day. In Michigan, if someone doesn...
Hi all,New to the forum and getting close to making my first rental investment and I'd like to be sure I'm thinking all of this through properly, so any feedback, tips, advice would be greatly appreciated! A little ba...
Hello BP and Chicagoland Investors.
The cook county board of commissioners passed the Residential Tenant and Landlord Ordinance. I found the proposed document on ChicagoEviction.com-https://www.chicagoeviction.co.....
This is not uncommon for vacation rentals, but now cities are starting to enforce it for long-term rentals. Has this happened in your area? Do you think it's a good thing?https://triblive.com/local/wes...
What's your experience if you ever worked with them?
Hello All
I have a pretty good grasp on the BRRRR method and how it works (I think). The only thing I don't fully understand is the financing to purchase and rehab the property. I've called several banks and in gen...
I have a property under contract in a hot area of Atlanta. I was comfortable with the $125k asking price given the impression that it was move-in ready (my plan being rent it out and ride the wave of potential appreci...