Hello everyone,This is my first post on BiggerPockets. My friend and I want to buy a house to rent out and split it 50/50. We already found a deal and I'm looking to start an LLC to put the house under. I've been doin...

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...

Hey Looking to talk to locals , investors , realtors , lawyers , lenders , PMs .Interested in the rental market. Hows it trending, Future development or growth projection. Good investment? Looking for general knowledg...

I’m developing cold feet

A contract that favors the seller and a standard Minnesota contract for deed.

The roof of the 4 Plex worries me and any repairs done to the property is mine to do at contract signing.

The...

Hello All!I'm looking at purchasing a property subject to an existing Deed of Trust.(I'm bidding on the second position) The owner passed away in early 2019. There was a Notice of Sale on that DOT posted in February 2...

I need to break my contract with my Property Manager, but I am unsure whether or not my reasons have legal standing. It says that unless it is for legal reasons, I will be charged the remaining property management fee...

I'm in the middle of a transitioning away from my current property manager in Austin, TX. I have already choosen a new management company.

My reasons for the change are that the old management company did not send m...

Hello Everyone,I need some advice. I am closing on a duplex in a few weeks and have just learned that the owner would like to occupy their current unit until the end of September (a week and month after closing).I am ...

Hello All, Please help me poke holes in these numbers (owner provided for the most part). C Building in a B area. Unsure about deferred maintenance at this time.  Thank you!Unit Type/ Rent /# of units2 BDR $750.00  (1...

A seller told me he hasnt paid for 9 months.His payments are 850. That would be 7,650, But what about penalties, taxes, attorneys, etc etc. How can I know exactly how much I’d have to pay in order to get the seller ou...