There's so much in this business that I just don't understand. On a fairly regular basis I will get a call from someone who needs to rent or they want to buy with owner-financing. And they have no money for the d...
Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
I’m new to BP and am venturing into buy and hold REI with a skeptical spouse. He supports me using my inheritance funds for investing, but chooses not to participate himself because he lacks confidence in and understa...
Hi All,I've recently had someone apply for a 1 bed 1 bath apartment I have for rent. I'm having a hard time deciding if I should accept the application or not and would greatly appreciate any feedback one way or the o...
Just a quick disclaimer. This is a really long post. Also I am also now employed by a self storage operator so my opinion is probably is not objective.I was a professional sale person who "retired" on 3/31/2018 to l...
Ok so I was having this debate with a local landlord and I’d like to hear your opinion…. You charge $25 for your application fee. You show the house to a nice couple and they want to apply but they don’t speak, read o...
I have recently purchased a condominium as my primary residence in August 2018. I am on a 30-year fixed with 4.75% interest rate. Can I replace my current mortgage with a first lien HELOC? I tried a few times to obtai...
Hi BP community, my name is Tinah - a brand new real estate investor and I am in a bit of pickle - need guidance.I signed a P&S agreement on a property and later realized that by law the lead disclosure on lease d...
It's been a few months since I last updated. The 5 attached units (of 9 total) are finally ready to show. The other 4 will be a few more weeks. I have attached a before and after of the kitchen. Unfortunately, as ...