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The title agency is asking for my operating agreement for my multi-member llc to check if I have signing authority. I have been educating myself on the OA for a few weeks and was going to take my time to draft an O...
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Hey BP world. I have a smokin deal waiting for bank approval for short sale offer. All my ducks are in a row except proof of funds. I am getting private money to fund the acquisition but I am pitching this deal to a f...
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I have just purchased 1st rental, and under contract for my 2nd...Yeahhhh I am very excited. Both in my area. So I am interested in managing them myself in order to learn. But now come the details.Question #1: I do no...
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I posted an ad stating "No Section 8" and received a discrimination complaint for it. Ad has been taken down already a few weeks ago. Due to long process and apartment being vacant i just did not want to deal with lon...
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I'm stationed overseas and this tenant from hell stop paying her rent over 7 months ago. This rental is in California. Any advice?
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I keep reading people here saying "Your rental properties are a business" as a precursor to some inflexible dogma about sticking to the letter of agreements and pursuance of remedies for breaches. Let me point out ...
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Has anyone used RentPrep for screening? I searched for it on the BP site and nothing came up. Thanks!
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I recently had an issue with the power going out in a Chicago unit of mine. ComEd turned the power off due to non-payment(though ComEd never warned me or tenants which they are required to do by Illinois law), but I h...
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I acquired the tax certificate in 2017, and acquired the tax deed in 2020. The quiet title was completed January 2021 but Fidelity National Title will not provide insurance until I've have the tax deed for 3 years. An...
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Hi guys,So I am analyzing a 6-unit. Please let me know your thoughts. Personally, I'm not crazy about it. Details below:Purchase Price: $124,900Contains (5) 2-bedrooms and (1) 1 bedroomRents: $3,490 totally rented...