Doug Phillips
AC units in bulk?
Hey everyone,Does anyone know any vendors where you can get ac units for possibly a bulk discount? The 5 unit my partner and I took over had a lot of negligence from the previous owner and all of the ac units should ...
Chi Zhang
Chicago conversion 2 DU to 5 DU with zoning change
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $400,000
Cash invested: $450,000
Orig a mix-used 2 unit in B1-2 zoning, a zoning amendment was obtained to up...
Toby S.
Gaining leads as a new investor
I attended a real estate investors meeting for rehabbers last night. The leader lead a presentation on how to determine an offer amount on distressed properties. While the information seemed very useful for the many...
Pat Jackson
What is a good tenant worth?
I looked a duplex about a month ago, and have been meaning to ask this question since. This is an up/down duplex. Each unit is 3 bedroom, 1 bathroom. Already 100% rented.The top unit rents for $575, could probably ...
Raymond M Dalida
Help with my first deal
So I've got my first deal negotiated. Going to an attorney to get advice and contract but was hoping to get some insight before I go see him so I'm not flying totally blind. Out of state homeowner wants out of her hou...
Michael C.
Assuming negative cash flow -Does it make sense?
I have an opportunity to assume a loan on a SFH for very low cost, maybe a few thousand in fees to transfer. The issue is that the property will not cash flow as a rental. If I can get the house for essentially free ...
Christian Rozo
Forcing equity into a 1940's Bungalow in Sacramento California
Hey everybody, My lady and I just moved to Sacramento CA (currently renting) to get boots on the ground to buy our first home within the next year. We're looking at older 2/1 Bungalows (1940's ish) throughout Oak Park...
J Hurwitz
Question Regarding Inspection Report
Hello good people,I'm in the inspection period for my first home purchase. The inspection report came back yesterday and it identified a few items I'm not sure how to react to. How concerned should I be about the fo...
Jeff Something
Where to find various REI related data?
Hello,
I'm curious to know if anyone can help with some info here. . .obviously REI, like any other form of investing, is all about the numbers. Although I've never done a deal and I've only been reading about and li...
Mario J Perez
Multi-Family Expenses as part of Gross Operating Income
Hello,
I would like to get an idea of what percentage of the gross income expenses are in a large multi-family property?
I realize this is going to vary, but I would just like to get a ballpark figure.
Thing is, wh...