Hey all - I'm looking at multi-families in Chicago for my first deal and went to view this 4 unit on Saturday: https://www.redfin.com/IL/Chicago/3500-W-Cullom-Av...All units are 2 bedrooms and current gross rent is $4...
Hello all,My name is Cal Douglass. I'm a licensed architectural engineer with 8 years of experience practicing mechanical, plumbing and fire protection design in Baltimore, DC and the surrounding areas. I currently...
Okay so I am building my team and I am looking for a HML to go with in the state of MD. I am looking to buy/rehab/hold properties. I am trying to buy at 55%-65% of ARV, rehab properites that require less than $40,00...
Hi,I have a question that boils down to whether I would be classified as a "dealer" or "investor" in the eyes of the IRS... I am looking for insight from some one with experience on this (real estate tax adviser, CPA...
hi guys,We are new here, just joined this morning and we are very excited to be part of this community. We are based in Orlando, Fl and looking to start our investing business. A few weeks ago we attended the Fortune ...
I lease space in this multi-tenant fully occupied office building and have the first right of refusal whenever it is put up for sale. However, the original owner could not keep up with his loan payments and passed on ...
Hi all,
I haven't met many of you yet, but my name is John and right now I'm doing my homework and building a network so I can get involved in the St. Louis market. Obviously, there's a lot of fluff and guru ...
Hello all! I just picked my my first rental property which is a 4 plex. The old landlord told the tenants about them having a new landlord. One morning I was walking around picking up trash and looking things to make...
Hi so from my understanding correct me if I am wrong is to whole sale you have to get a beat up home under contract from a seller, sell it for a higher price to a buyer and you pocket the difference. So for example I...
Hey Happy Holidays BP! Looking to close on a small multi next week. Anyway, I met the current property manager at the house the other day and he leaked some info regarding the tenant downstairs being behind on rent....