Pretty much described it all in the description above.  New to REI.  First rental after a very nice rehab in Cook County outside of Chicago.  I'm comfortable with screening renters but wondering if anyone out there in...

Hello Fellow InvestorsI am considering investing in a buy and hold with a friend. The details are below, please let me know if there are any legal or financial issues that I am missing.1. My friend is buying a SFH wit...

I recently bought a property at auction where the 2nd mortgage foreclosed on it. The 1st mortgage seems to be current. I normally only buy houses where 1st mortgage is foreclosing so this is a first for me. Any sugges...

Hi AllI have a tenant who is self employed and she just started her business, since it is difficult to establish her income, she offers to prepay 3 month  in advance for a 1 year lease.   So she will put down 1st 3 mo...

Hello BP,I'm currently in a bit of an unusual situation.I put a property under contract with intentions to reassign the contract, then started marketing it.  Within a few days a potential buyer contacted me and put do...

Hi All, State: IL My tenant is finally due in Court this Wednesday for the first Eviction date. Since he has been served the summons we have received multiple text messages from him that he is starting an "in-depth" l...

Hi all, closing on my first rental property (single family home) this Monday and in need of a property manager. The home is in Scottsdale AZ and I'm in Seattle so I'll need someone reliable and well liked by investors...

I just moved a tenant in yesterday. Young couple with a small child. They seem very nice and easy to work with. They said they would like to get a pet in the future, specifically a german shepherd (puppy). I kn...

My in-laws and I just got the signed pre-possession authorization on our first flip for a house that we close on in two weeks.  My father in law has been a landlord for over 40 years, but this is his first foray into ...

I've done some wholesaling and have done it face to face. When signing the contract I just hand the seller the handmoney. (I use $1) In my state, and I think this is true in all states, you need to put up consideratio...