When doing direct mail to probates is it best to send the basic yellow letter (ex. I want to buy your house please call me) or is it better to tailor it a little bit more to the specific situation? If so what should I...

Hello all, I have an inherited tenant situation that I have not experienced and have never heard of this specific situation before. I purchased a property that had a tenant that was 3 months behind on rent, has no job...

Curious to hear from other landlords on whom pays the utilities (gas/electric/water etc) in your properties. Do you write this into your lease, or do you cover this for them.

Hi all!I was wondering if anyone could offer some insight on owner financing when the owner is elderly.  For example, I am looking at a rental property an elderly gentleman might be willing to sell to me using owner f...

I have an assignable purchase contract for two houses as a package. I am sure I can sell one of them for enough to pay off the entire contract, at which point I will own the other house free and clear. My biggest que...

What do you feel is the best business formation to have multiple properties under one entity with each property shielded from the others? From reading previous posts, I know Series LLCs may be a great option. Anyone h...

If I would get licensed primarily to get access to the mls, and in general gain that knowledge, does that adversely affect my tax status.

I have no intention on quitting my day job, so if I get licensed, buy ...

Thinking of buying single family home around Chicago suburbs, is it right time to invest?

Hi - I have been doing research on self-directed IRAs and SoloK's. I would like to either roll-over a 401K from a former employer into a SoloK or self-directed IRA or start one.Here's what I want to know, has anyone d...

Title says it all. But in my specific situation, I’m looking to buy my uncles house subject to his existing financing. I’m just wondering if I can do a subject to in my name, or will it have to be in his?