Good afternoon everyone,
My name is Dan. I currently own a 2 unit flat under my name and renting one of the units. I plan on purchasing my next property this year by doing a cash out refinance to conventional loan on...

Hello BP Community, Now that the Congress has passed the stimulus package which extends the eviction until end of Jan 2021. I have a question for landlords out there. Any of your tenants are taking advantage of the ex...

Hello! I had an acquaintance with a real estate investor not long ago. He self-manages several properties, but also has a full time job which keeps him on the road quite a bit. He said that he purchases a home warrant...

Was in this evening submitting a fairly large order to the Bid Desk at HD to get one of my projects started. They came back with a $100 discount on an $8000 order. I was stunned. The HD employee at the Bid Desk told m...

Tenant signed lease (No pets, No smoking)
They moved in with 2 cats and 2 dogs. The place reeks to cat urine. So I fined them $100 and raise the rent $50 per month. So they moved out. Before they left they painted the...

I am making a private loan to a corporation(contractor) secured by a 2nd deed of trust. It is a 6 month rehab project. What documents should I require from the borrower? Can I go after corporation's assets if the bor...

I have a small SFR under contract that's being sold by a flipper.  It's a turn key, good flip with a few minor issues.  We asked for a reduction in sale price for an AC not working and a clogged cleanout drain (concre...

My property manager advised me to consider renting to Section 8 tenants.  This is my first property in Las Vegas and I am still learning the peculiarities of this market, being an out of state investor.I have heard mi...

Thanks in advance for any advice.  There isn't enough room to go through all of the issues here, but I'm looking for advice on how to get rid of a tenant who has not violated her lease.  She has lived in one of our un...

IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...