I'll try to provide a quick summary. Tenant fell behind 2 months rent, so I started the eviction process in May. The property is in Hoffman Estates, IL. The tenant avoided being "served" by the sheriff, so we served b...

Hey my beloved BP community,

I just received two offers for my first flip property that I did in Washington DC. I need some of your inputs to determine which offer below would give me more profit or benefits from tax...

My apologies if this is in the wrong place or has been answered before. This is my first time posting on BP. Any tips for posting on BP is much appreciate!So, From a lender's perspective, what constitutes a Multifamil...

Good morning everyone, So lucky to have found this website and i look forward to learning much and sharing even more with you all. I want to give a quick introduction and also present with a situation to analyze. I am...

I have a few things I'm considering here. I've been renting the place I live, but I want to purchase my own place. I also own a small condominium building with 3 units. The condominium building has one commercial unit...

I recently had an encounter with an ESA situation at one of my rental properties that prompted me to do some research. It was so bogus that I couldn’t look the other way. I am a mental health therapist in private prac...

The overarching feeling at the moment—both in business and life in general—is one of uncertainty. What does the future of our business, our country, and our world look like?
Uncertainty is just a part of life—that’s...

I have come across a deal with an investor that is looking to retire. He has a portfolio of about 15 bldgs from sfr's to 6 unit bldgs all in the same neighborhood, for a total of 35 rental units.They are not in the b...

I would like to hear from several of the historians here that went through the most recent housing collapse back in 2007 through 2010 regarding what happened to their buy and hold strategy in that kind of environment....