Hey BP'ers, I would appreciate any advice experienced landlords could give me on this one. I am screening an applicant now and trying to make a good accept/reject decision. The applicant has a job grossing 2.8 times t...
Hello, looking to buy my first multifamily property ( 3 flats) in ChicagoWhat is considered as a good cap rate in the area?Also, is there any recommendations for the multifamily lenders?Any tips for beginners ?Thank you
Tenant has requested that I provide rollers under appliances (stove, W/D) so she can move them to clean under and behind them. Claims was not clean when she moved in. I said that appliances are not normally put onto ...
I’m 24 years old I’m a truck driver in Illinois, I’ve been wanting to invest my money in real estate but don’t know where to start. I’ve been looking into wholesale but I’ve heard it’s harder in Illinois. I would app...
Hello! I'm new to house flipping and feeling a bit apprehensive about moving forward with my first deal. Do any of you have some advice for this initial flip? Any tips or insights would be greatly appreciated!
Hey BP'ers,My fiance and I recently purchased a home in Tampa 6 months ago. The goal is to purchase another one about 2 years down the road and rent this one out. So what steps should we be doing in the meantime to se...
Hi, my name is Adam and I just started reading and researching real estate investing. I used to own a business in Marquette Michigan before moving a couple hours south to work as and Engineer at a shipyard. I am ...
My name is Christopher Davis. I'm currently 22 years of age. I reside on the south-side of Chicago. I was born and raised on the south-side of Chicago and I love living here despite what goes on in the city of Chicago...
I plan on moving back into a rental property and would like to refinance to get some favorable terms. When would a bank consider this home as my primary residence? Also, what documents would be needed to show proof o...
Hi everyone,
I have just screened two roommates and there is no reason not to move forward to leasing other than I have never rented my properties (all SFHs) to roommates before. My tenants have always been either a...