I’m pretty new to real estate investing. I’ve submitted several offers but I keep loosing out to cash offers. Should I get a hard money lender? If so what are the requirements (credit, capital etc)? Any advice is grea...
Hello everybody. I'm in the process of renting out my unit, and not getting the interest that I had hoped for. I'm not sure if this is due to COVID or if my listing may not be up to par.Is anybody here willing to take...
Hello BP fam, I have a two part question. I'm having a slight issue coming up with an extra 2k for the closing cost on a duplex thats in contract and I have about 3 weeks to come up with it or I lose out I'm going wit...
I am updating the contracts we use with contractors to stipulate some kind of financial compensation when work is not completed on time. Does anyone use this kind of safeguard in their contracts and could you share wh...
Hi everyone. My name is Joe, I am a realtor and looking to get into flipping my first property. I currently own two homes, once I live in and a single family I rent out. The rental was my first home and was too underw...
I have the opportunity to purchase a small note on undeveloped land which was purchased with the intent to clear and build. Below is my checklist. Am I missing anything critical that needs to be answered before invest...
I’m always creeping on the forums but not contributing, and I have a ton of questions especially listening to the podcasts. I’m very new to real estate so my questions may sound like they have a rhetorical answer or a...
Hello All. I'm investing about $60,000 in a family member's rental property that is currently not rented because it needs a significant amount of work. The reason it's an investment and not a loan is because I know t...
We purchased a Chicago refurbished duplex, from a 'reputable' developer - #Profitfromrentals. http://www.profitfromrentals.com profitfromrentalsThe deal specifically includes a warranty for all workmanship for 12 mont...
There's something I've never understood. As we all know, turnover is what kills you. You have to spend several hundred dollars to ready the unit, and you'll lose a few weeks rent. So why not try to lock in tenants wit...