Eric Sklar
Question about loan & LLC
We are newbies, but have set up an LLC with my wife as the sole member (after discussing with atto. We are thinking about getting some properties in the near future either by turkney or direct buy, and will take out a...
Tim Johnson
Background Checks
Hi BP! I'm looking for a better option for back ground checks. We currently use Buildium and use their $15 tenant screening. We enter the information, the tenant gets an email, approves the application, and then we...
Paul Kuegle
House hacking
I recently bought a duplex and moved in the back unit so I would have the back yard mostly to myself. The tenants moved into the front unit and asked if they can put a swing and BBQ in back yard & I said yes. The...
Zachary Stoots
Should I allow my house hack tenant to sublet?
Hello folks! I'm very new to this so forgive me if there is not enough information, or if this seems like a simple question.
I purchased a property last year which is laid out like an over/under duplex but it's a s...
Elias Munoz
seller finance/creative finance
Hello biggerpockets folks I need your help! I been looking to buy my first real estate property this year and a rare opportunity came through that I cant pass up. We are trying to figure out every way to make it work....
Craig McCarter
Tenants Getting a Divorce - Wants to Change the locks ?
Hello,
My tenants in a long term rental are going through a separation. I've been hearing from both of them, and I keep telling them that I can't get involved, and they need to work it out amongst themselves. The fe...
Jeahni Bobbitt
Forwarding a contract to seller tomorrow morning.. I’m nervous
The contract I have is the Columbus Realtors version. The property is located in Cleveland.I’m so scared to send it.. idk if I should edit and modify it in any way.
Barry Cohen
Breakdown of repairs from property manager
Hi all. Looking to get some feedback. Is it unreasonable for me to request a breakdown of services and receipts from my property managers contractor when doing a repair. My PM had their contractor do a make ready afte...
Vishal P.
Illinois Rules - Eviction, Security Deposit, etc.
For investors with experience and knowledge for Illinois (specifically DuPage county) rules, I am looking for some insight on the below:- Can security deposit be forfeited if lease is broken (either by not paying rent...
Bryan Lutz
LLC partnership single flip only
What is best practice? After closing on a flip, do you close the LLC or keep it open for the next opportunity? Even it were a partnership LLC?