I am considering buying an old house in Colorado that has undergone methamphetamine remediation. If I bought it, I would rehab it and use it as a vacation home and rental.It seems that some people don't trust remediat...
I've been getting email from Toledo REIA regarding how all "rental" homes need to be in compliance with lead. What does this mean for rentals in Toledo?This legislation will require: “the presence of deteriorated pai...
Does anyone have any general requirements for when to expand?For example how much money should you keep on hand per rental property in order to be comfortable to handle repairs?What should your overall debt to cash ra...
I know someone that have just undergone a on a 3-flat in an increasing value area in Chicago. 2 of the units are already rented out, and the 3rd is owner occupied. Their plan is to live in the garden unit, and renov...
Introduction:
Investing in multi-family properties can be a lucrative venture, but it's essential to carefully evaluate the condition of the property before making a purchase. Older multi-family properties, in partic...
I am looking at some properties in the North Lawndale area on the West side of Chicago. Anyone from this forum investing there? This is an area that has undergone some changes in the last two years. I wouldn't mind me...
We purchased our home almost three years ago. The house was a fixer upper and listed for sale as having a new roof. A few days ago we notice a small amount of water intruding through the ceiling of our dining room. ...
A hidden gem, or an entire red flag?High Point NC, is a rather small municipality despite being the 9th largest in NC, currently supporting a population of around 114k people. High Point is kind of one of those low ke...
Long distance owner here with 4 sfr west of Little Rock. Our current choice for property management has undergone some staffing changes and it's not the same company it once was. Hoping to get a referral for a rock...
I’m sure many of you have heard of a cost segregation study. It is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return...