Lucien Perreault
Running numbers for a deal
I’m currently in escrow for a duplex in Chicago. The building has a finished basement that is currently being utilized as an illegal 3rd unit and the tenant is not a guarantee long term. When running the numbers, shou...
Patrick Reagan
Unfinished attic
Looking at a Cape Cod style home with an unfinished attic.What is the metric used to determine if there is enough room in the attic to convert to a bedroom or bedrooms without expanding the roof?Thanks
Semaj Worrell
Selecting a Broker/Investor To Work with
I have encountered a few Brokers who have reached out to me about potentially working with them once I finish my courses and obtain my license. I also have met a couple of investors who claim they manage Real Estate A...
Glen Fernandes
Material Purchase Categorization
I am working on my 1st rehab, which also includes purchasing construction material from Home Depot. Is there a way to automatically allocate individual SKUs to broader categories? (e.g. drywall, framing). I am trying ...
Steve Wilcox
Modular new construction 2 family
Hey guys I'm looking at building a new construction to family home in New Jersey, designed to sell, but considering going modular. I just finished up a traditional stick build house and understand that in New Jersey m...
Andrew Horan
Rental property credit repair
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $170,000
Cash invested: $65,000
First loan used to buy this property. FHA loan. High interest while I work on credi...
Annchen Knodt
Multifamily Millionaire book capex and repair calculator question
I just finished reading Part I of Brandon Turner's new Multifamily Millionaire book (great book!) and am wondering if anyone can answer a very small clarifying question that came up when I was checking out the calcula...
Rik Hunter
Anyone in CHA done an ADU this past year?
I'm finishing up rehab on a SFH with a large backyard and saw that Chattanooga approved ADUs of up 700 sq. ft beginning in May 2022. I've got room for that, so I'm considering a cash-out refinance on the SFH to get my...
Steven Heath
Investment in Tax certificate liens
Investment Info:
Single-family residence wholesale investment.
Purchase price: $125,000
Cash invested: $80,000
Sale price: $125,000
Three bedroom brick bungalow being rehabbed after rehab value $...
Tajinder Kandola
analyze a property using the 50/50 rule?
would you buy a Rental using the 50/50 rule where Half goes out the mortgage and half goes out to the expenses? is this especially suitable for finished condos?