Hi guys, newbie from Chicago here. I'm not really a new member, however I have spent most of my time here reading, not posting much. I Live in Lakeview, and would like to purchase a rental property within the next 9...
Hi All,
I am new to this forum and somewhat new to investing in distressed properties, although not new to real estate investing in general. I am a builder and developer, so I have bought, developed, built, and sold...
Hi,
I am looking at a four unit property which was built in 1926. The owner furnished the following:
Sell price 130,000
Rent- 23640
Operating Expense- 11315 - (Gas 3852, electric - 4260 Tax and Insurance 3200)
Net ...
Tenant informed me that the temperature would not fall below 79 degrees even at night (they have it set at 72). It's humid and ridiculously hot right now in MD (100+ degrees). At first I thought that was because the t...
Does anyone have any experience getting rehab costs put into the mortgage loan itself? For example, 50k purchase price, 100k rehab for a total mortgage of 150K. I am looking to help fund a flip but would not have eno...
I purchased a HOA foreclosed property through our counties judicial online auction in March of 2019. A certificate of title was subsequently issued to my name and I am the sole title holder on record. Said title is al...
Hi Everyone,First time posting here! Bit of a back story, I am a rather new investor and currently have (2) rental properties in my portfolio. I do work a full time 9-5 job and balancing both can be challenging. I wan...
Hey All, Pretty bad rain here today and I realized that water is coming from the top of the window (see picture) Any idea of where that must be coming from? What kind of professional should I hire to help me investiga...
My investment partner and I are looking to close on a property around $200,000 in value. We have enough capital for the down payment + closing costs (≈$50,000) but are trying to figure out how to best fund our rehab.W...
I'm aware that there are a few people on this site that have successfully built up rental portfolios by having passive investors getting a stated return on their money. I want to educate myself a little more about th...