A Scope of Work (SOW) is a description of planned property renovations, with the primary components being a line item budget and a construction schedule. A detailed SOW is important for nearly every type of value-add ...

My wife and I own a two-flat in Chicago, and we're planning to upgrade our heating system. Currently, we have boilers and radiators that we want to remove to create space in the basement for a future conversion into a...

Hi,
I am in an escrow for a property requiring major fixer-upper work. The property has a lot of unpermitted additions and alterations which would need to be corrected. I checked with the city but doesn't seem the ci...

Hi all,At the risk of having analysis paralysis, I've been having a lot of fun culling US Census data from the past 10-15 years and assessing markets by the hard numbers.I'm about to do a big data pull (which is time-...

Hello Everyone!I know that a college education isn't exactly necessary to get started in REI, but I am currently on my way to getting my degree and figure I should go for something that would help my endeavors in real...

I'll try to not make this post too long! Sometimes it is a tough balance getting enough info out and not blabbing on. Hang in there with me please!A family member of mine unfortunately and unexpectedly passed away. To...

Looks like my 1st property will be an FHA owner-occ quadplex.  I've heard time and time again that there's no need to hire out property management for this small multifamily.  What I'm unsure of is how I would handle ...

since lenders don't like too many loans with an investor, and since i plan on buying several hundred over the next few years, i thought it might be easier to go private.

i would buy with cash and rehab. afterwards i ...

I am thinking of ways to create passive income from new construction.  One option is to build new rentals.  However, I was bouncing around the idea of doing seller financing as the spec home builder/owner.  If my futu...

The fix-and-flip, or rehab, market is one of the most popular places for the freshman real estate investor to start—it comes with the lowest barrier to entry. Shows like HGTV’s Flip or Flop and Fixer Upper make it all...