Ryan Redenius
Legal 2 Flat with 3rd (Illegal) Attic Apartment
I'm looking for a 3 flat in Chicago as my first investment property and recently came across a legal 2 flat with a 3rd illegal apartment in the attic. Currently all 3 unites are occupied.I know there are some risks w...
Account Closed
Age of house - how much does it matter
Hi everyone,
I am just starting out in real estate investing (mostly multifamily buy and hold), and I'm wondering what everyone's opinion is on the age of houses you buy. More specifically, most of the multi...
Craig Jace
Keep Medical building or sell?
I have a medical building in Los Angeles Had it for 15yrsWould like to retire soon and looking for best cash flow Owe 200kRent is 7000 monthlyHowever property is worth 1.7mWould like advice for cash flowwould it be pr...
Aroldo Villarreal
Foundation guy in San Antonio?
Anyone know a good investor-friendly foundation person in San Antonio? What about electrician? I've used several of these guys, just want to make sure I get more bids and shop around.
Sanjay Christopher
Sellers not co-operating on closing date
Hi,I am a new investor trying to learn along the way. I bought a townhouse and my loan has been approved. With the initial offer to the place we agreed on having the closing date as 7/13but as of now 3 days left selle...
Jacob Scholes
Structuring a deal from family as a owner financing
I'm looking into purchasing a duplex from my parents. I had been looking into buying it from them next year on VA loan, and they would do a 1031 exchange to buy a new property..since we have an uncertain future with i...
Spencer Krautkramer
Mortgage Protection Insurance
I’ve gotten a couple letters in the mail after just recently purchasing my first property - they are about Mortgage Protection Life Insurance or Mortgage Payment Protection Programs. Is this spam or legit...
SHANELLE SHERLIN
Using a SDIRA on a joint venture property with financing
Hi all,I am looking to set up a self-directed IRA with money transferred from a previous employer 401(k) to invest in a duplex in OK. The purchase price is $250K and I would be going in with a partner, likely by creat...
Sky Lin
Help on 4-plex rental agreement
I just bought a 4-plex. I hire a attorney to draft a custom-drafted rental agreement for this 4-plex.
I spent $700 for this rental agreement. Rental agreement is strong. I am ok with it. because I always feel you nee...
Shahzad Ali
Mortgage Points necessary to pay
Hello everybody,
So shopping for a mortgage after getting an accepted offer i find out that we have to pay mortgage points on top of the closing cost when getting a mortgage. Is there a way to bypassing that?