I found an ugly house on a lot a lot that's zoned R2. The house is a tear down but the upside is that 2 units can be built on the lot How do I estimate what I should offer the owner for the lot? How can I estima...
Wanted to pose a quick question and see what everyone here thinks, and if anyone has expirance with something of this topic.
In my area, the rental market seems to be pretty good, area-wide vacancy rate is around 6%....
Hey All, Hope you're all doing well. In a few words, here's my story. I recently purchased a three-flat on the near west side of Chicago. Our inspection uncovered that the smoke detectors were battery powered. After t...
Has anyone worked with a lender who has actually closed an FHA, VA or Conventional Energy Efficient Mortgage? Interested in flipping a home that would qualify based on HERS rating + energy savings and would like to pa...
I am currently in the process of forming a real estate investment club . I have 30 people already interested and I am looking for more. My plan is for everybody to contribute at least $6k a year and we will start by b...
Hello all,During my introduction post, I was provided a potential home to rehab on the cheap. The house is next to nothing at $10k, its a 2/1 1000sq. ft. and in a rather undesirable area of the city. However, the area...
If you wanted to add a unit to a property would you value it the same way you would value any other property?(50%, 2% rule)
Does anyone add units to their properties, like basement apartments?
I recently bought a house, constructed completed in 2019, sellers listed the home in November of 2019 after living in it for approximately 6 months. The house utilizes a mound septic and well system as it is located ...
Finally after months of having the architect draw up prints and an even longer time waiting for the city to review the prints - The city is just a bit swamped in applications - Today we officially started construction...
Hello everyone! In an effort to improve my skills as an investor while also helping others do the same, I thought I’d start by offering my knowledge about home remodeling. I figure some people are trying to learn thro...