I have been thinking about doing subject two purchases. My question is can I offer to take over the existing mortgage and try to work out with the bank to bring the loan current if it is scheduled to be auctioned off ...

my partner and I have some properties we want to look at, but we haven't established a LLC yet. we were wondering if starting one is even necessary. In what ways does it benefit you? why cant/shouldn't we just go out ...

Hi Friends,I have a property in Buffalo that I bought in August. My PM informed me that the sewer line from basement to street seems to be broken and is backing up in basement since yesterday. This could be due to he...

I know showing thanks to clients with a closing gift is a traditional way many real estate professionals seal up a transaction. A closing gift not only serves as a special treat to your home buyers and sellers, but it...

Howdy. I'm looking for recommendations on which vehicle I should use to stash some funds to be used at a later time. Let's say it's more than 10k but less than 200k. A friend suggested municipal bonds but I'm not sure...

Countless times, I've heard the question asked "How much do I need in reserves?" While the answer tends to vary based on the investors' risk tolerance, I thought I would share my experience. As a background, I live in...

Hi guys,I am new to this forum, and wanted to see if anyone ever bought a leasehold property in Hawaii?Any success story?What should i watch out for?Thank you!Patrick

Hello BP Community,I'm a first time landlord, I recently purchased a multifamily building in Chicago, Cook County. I made a cash for keys agreement with a tenant. About a week before the vacancy date on our agreement,...

Is it really that bad to use an unlicensed/uninsured handyman for work on my rental property if I have good insurance?

My property manager is giving me grief because I am trying to hire cheaper guys for thing...