Hi everyone! I'm very new to the idea of real estate but it is quickly becoming a passion and something that I would really like to do with my life. However, it never feels like I know enough to make that first leap. ...
Why Correction Not Crash
There have been a lot of talks on whether or not the housing market is primed for a correction or crash. This is my opinion as to why I believe we will see a correction not a crash.
I think ...
I work full time and to date have been okay self managing about 13 different units. However I do plan to expand and I am trying to prepare in advance rather than wait for something to happen. With that said I know th...
We are currently in a nightmare with code enforcement. A tenant's drain got clogged and caused sewage to back out in one room. They called code enforcement on the property. I don't know why they think that was necessa...
I have submitted offers on a number of properties in Chicago that had multiple offers on them, and in each case, I lost out on the property. I am using a hard money lender to finance the project. While I understand th...
Hello BP!I will be in the process of renting my new property (Class A/B SFR) next month. What things do you give as a gift and Welcoming package for new tenants (if any)?I was thinking to buy a nice book with tips for...
It was 1961 when a very perceptive Cuban decided to leave his home as he saw the communist writing on the wall with the new government. With a wife and baby to support, this amazing man left everything...wealth, pare...
Hello,We recently had tenants move out, and in 10 years and 8 properties, we've never seen anything like this. The home is large, so there was a large deposit and a pet deposit totaling $2400. There were flies everywh...
About a week ago my tenant called telling me her sink was getting clogged after washing dishes. The water wasnt going down and she was getting dirty water backed up. Ended up calling a plumber to unclog the sink he to...
Some questions regarding mobile home investing.Most of my private lending deals have been with SFH, 13 years, 11.7% annual interest. With these I plan on buying and seller financing immediately. With an outside invest...