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We are in NY, a very tenant-friendly state but in an area where rents are very high. I met with a client yesterday to list his 3bed 1 bath for rent. Typically we would ask for a 1-year lease and 1m security (max here ...
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Good day everyone,I live in Chicago, IL and I recently bought a property which came with tenants. There is a difficult tenant living In an ilegal basement unit. He is on a month to month contract.What is the best way ...
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Just closed on a large 3 unit in Avondale for a client. The building was listed as a 2 unit and the broker said its forsure only a legal 2 no contingencies for 3. I had a strong feeling it's a 3 unit as I have brokere...
Hello everyone! We had a situation that we are curious if anyone has seen or heard of before. Any feedback would be appreciated!There is a 2 unit property for sale that we recently looked at. Side by side units, 3 bed...
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I'm getting my wholesaling contracts together and am wondering how wholesalers decide whether or not to use assignments of contract. Basically I'm seeing two options for structuring a wholesale deal and would like to ...
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Have a Multifamily property in a tough area (Washington Park), and recently have 2 tenants who started selling drugs.... Have gone for eviction but meanwhile the place is attracting the wrong crowd so even beautifully...
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I was wondering which one is better to do for investors who want to wholesale real estate.....a "back to back" closing where transactional funding is used OR a "assignment of contract" where the investor signs over hi...
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Just like the title says, Im wondering if it is illegal to accept payment for connecting a buyer and a seller? If this is not illegal what is the correct way to go about this? If this is a legal issue what is the pena...
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Hello BP peeps!I have a dilemma. I found a duplex in Los Angeles California that has an unpermitted studio. I noticed that the seller and agent has put the studio's income as part of the NOI. I am wondering if this is...
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Ok so I want to hear everyone’s opinions For someone that is trying to gain capital quickly in order to invest in later flips and buy and holds, What do you all feel is the better approach.Wholesaling real estate or g...