True Story:

A former employer recently e-mailed me with details of a situation that I find quite disturbing. He was managing Broker for a mid-sized Property Management and Investor Real Estate Sales company.

It seem...

Hello BPMy name is Lennox Marshall and I currently reside on the north side of Chicago. I work in the specialty (wholesale insurance) excess and surplus lines insurance market place. I design large construction insura...

Hey BP,I am in the process of buying my first rental property and it is a triplex in upstate New York. Prior to making an offer, I've discovered that the current landlord pays for utilities for current tenants. The te...

I am looking into a 10 unit apartment building where all the units are rented 20-30% below market value. The building is currently 90% occupied with some of the units being recently renovated. I am trying to figure ou...

There is a 4 unit building listed for 365k in an area where the comps suggest (which there are no real comps to compare to this property) that its worth around 315k-325k. The units are 2 bdrm and only 860sqft. The bui...

What are your thoughts on refinancing to leverage unused equity? I would like to leverage my equity to purchase another rental property, as well should I used a direct lender to refinance?

Let’s say one has an excess of $500k that is in a high yield saving account earning around 4.5-5% APR. What are some other options that would /could pay a higher return that allows for the money to be relatively avail...

I wanted to transfer ownership of one property from (multi member llc) to another llc(sole llc -me owner). via quitcLaim

Would that ruin the tax basis or make me pay more in taxes? Or other consequences im not awa...

Real Estate Virtuoso's,

I was hoping someone could help me with a joint venture question. I'm teaming up with a local wholesaler/rehabber to flip a property he found off-market (through probate). He has the lead o...

I own a three-unit in Chicago which has strict regulations about accepting security deposits therefore I've recently started doing non-refundable move-in fees as most landlords do here. I have a tenant that was great ...