I am having a dilemma here and in need to have different perspectives on this so I can make a better judgement call. I am planning purchasing a Single family rental property in Calgary (more specifically, Airdrie). He...

My wife and I are in the process of purchasing a multifamily (2-flat) property on the north side of Chicago (with intent to owner occupied/house-hack) . During our second viewing of the property the realtor “gained ac...

I have a property in Cincinnati OH that I owned in my name and got a residential loan for in my name. I've owned the property in my name for about a year and I just did a quit claim to transfer the property to my LLC ...

I have 2 houses paid in full with no liens or mortgages and two more that need to be rehabbed. I'm holding all 4 properties for passive income. I would like to use the two houses that are fixed to fund my flips. ...

Hey folksSo I am looking at a 2 family to purchase that has the potential for a 3rd (illegal) unit.  The current seller was a contractor who died 1/2 way through converting the 3rd floor into a 3rd unit.  As is, the n...

Hey everyone,I manage a 7-unit building with a nonconforming basement unit pulling power from the common/basement meter. The owner would like to get the tenants to pay their own electric. I had two electricians take a...

Hi everyone, I am new to rei. Because of my current financial situation, Im looking to wholesale for now so that I can work on getting financially stable before I start on what I really want to get into which is rehab...

Happy New Year to BP Nation!!My aunt has a 2 families house that worth 1 million;  1st fl (detached w/ 1 car garage) had been converted to 3 small 1 bd room units ( illegal conversation :(  ) .  She would like to pull...

Hello BP'ers, I've run into a bit of a situation with my property manager and I need some input. I have a Duplex with both units currently rented out. The water meter is shared so water is included in the rent. When I...

Hi all! I'm a beginner in the Chicago area and I'm just learning the ropes around REI before purchasing my first rental property. I've seen a lot of properties that have finished basements that could be rented out for...