We are closing on a property next week. Seller called he wants to evict a tenant for non-payment. Should we let him go ahead with giving the notice and proceed with the eviction (and then inherit the eviction), or sho...
Hello, I hope everyone is having a great Sunday. I have worked in Finance my entire professional career. Starting out as a credit analyst for BB&T, I spent mu younger years reading through 10Ks, 10Qs, financial s...
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IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...
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The rental market is a dynamic environment, and one constant is change. From updated tenant rights laws to shifting zoning regulations, staying compliant can feel like a moving target. For real estate investors, adapt...
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Hello BP fam, Can anybody recommend a good way to find somebody who knows zoning regulations and what is possible on a specific property. Or does everybody physically go to building and safety department each time?
Hello,I’m wondering if it is legal for a licensed real estate agent to get a property under contract as an investor then list it on the MLS (offering a 3% commission) and assign the contract to someone else essentiall...
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This question popped up in a conversation I had with a fellow note buyer today. We are buying 1st position NPLs mainly in the southeastern US and all loans are boarded with FCI who has the proper licensing required. I...
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Response to Proposed Regulatory Prudential Standards for Non-Bank Mortgage Servicers Response prepared by Rishel Consulting Group – a consultancy for chattel lendersRishel Consulting Group is a nationwide consultancy ...
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All,I just spoke with two (2) real estate attorneys about having the first transaction be dry in the double close (meaning the 2nd transaction funds the first). Both attorneys indicated this is a violation of banking ...