Joaquin Moreyra
No Property Walkthrough
Hello!
The seller will not do a property walk through until we are under contract as he doesn't want to spook the tenants. He is saying that he doesn't want to have numerous people who are interested going through th...
Stan Barrett
Bio of Stan Barrett
My career in home improvement and repair began in 1973 while working for a home improvement company as a door to door canvasser, then I enrolled thru the UAW connected Trade Union Leadership Conferences into building ...
Tim Kelly
Rehab Loan on 4-plex with 3 Occupied Units!
Greetings BP,I am under contract with an owner-occupied 4-plex in which I am using a VA rehab loan. I only focus on medium and large multi-family properties for my business; however, I'd rather house hack then remain...
Michael Ealy
What Stops You from Thinking BIG?
I feel sorry for a lot of BP'ers.I see the same questions. I see the same struggles. I can see the same small thinking.And I can see that a lot of newbie investors are doing real estate investing the hard way...the sl...
Joel Owens
Water damage to unit...What would you do??
So my mom rents a 1 bedroom of a 6 unit building.She is on the ground floor.My mom is older so the size is manageable for her.
3 days ago she calls me.Apparently the ceiling in the den in back is leaking.I go over to...
Lou Ruggieri
First Big Deal (Round 2). Help!
Since my first deal fell through b/c the seller caved and told me he was taking his property off the market when I questioned him with a few things brought up by you guys, I'm now a firm believer in most of the advice...
Chidi Osuji
Repair Credits - When the seller says no
So my real estate partnership LLC (a couple friends and I) are under contract to purchase a 2-flat/duplex in Chicago. The inspection uncovered termites, basement floor joists needing replacement due to the termite inv...
Jonathan Orr
How to do a construction draw
Hello all. I am in need of some help. I have a few properties that I am rehabbing and one property that I would like to build on.I have been talking with banks about construction loans with fund controls. However I...
Will G.
Is the age of a multifamily a factor?
Hey pocketeers,is the age of an apartment complex a factor(deterrent) in financing/ resale etc as long as it is in decent shape?Would you have reservations purchasing a 50 plus year old multi?
Joe Mazur
Would you buy a rental with a crawl space?
Hi everyone. I'm looking at a rental with a crawl space and I've never owned a house with one. From anyone who has or has had rentals with crawls, is there any reason you see not to buy a property with a crawl? Note:...