Good morning! We are new landlords in Illinois ( Dupage county) and took over a building with existing varying contracts. One of our existing tenants is a month to month renter with a verbal contract who hasn’t paid f...
Hello, BP family! I hope you had a wonderful weekend. As you are aware, I am currently studying a great deal on my own. Would anyone be so nice as to provide their own system or checklist that they use for all of thei...
I’ve watched countless hours on YouTube about wholesaling the last 6 months. I’m ready to begin my journey. So what are the best ways to find your first deal ?
What’s the proper etiquette when shopping mortgage rates? If planning for shopping rates, is it respectful to be transparent and tell the lender/broker that you plan on shopping the rate to get a better deal?
Hello BP community, I have the opportunity to purchase a 2 bed 1 bath ~800 sqft home within a few miles from me. The owner is a REI but does not live in the area nor has a PM. currently rents it out at $600/month. He ...
There are some people on this site that simply can't admit that they are wrong, even when the evidence overwhelmingly points to it being the case. I have admitted on several occasions that I am wrong about things and...
Got a call from an engineer from India, kind of hard to understand with his accent. He works for Honeywell doing instrumentation. So I know he makes at least $40/hour and $120/day per diem. Told him that a furnishe...
A small mobile home park has come up for sale near me, and the numbers for long term cash flow are incredible with some well appointed clean up and stabilizing. Even with it currently under performing, the reruns are ...
Ive been a REI over 20yrs and primarily focused on low income housing, 70% plus of our 300 unit portfolio are section 8 tenants. During this pandemic our collections have been well over 95% even with our cash paying ...
Hi everyone, I’m Terrence, new to rental property investing and excited to learn from this group. I respect the experience here and am eager to contribute as I grow. I’d appreciate any guidance or tips to get started ...