This is my first home purchase and I am going through the final approval with the underwriter. I've quickly learned that the underwriting process is illogical, annoying, and can also destroy the entire deal while losi...
Hi, I currently put 600-1000$ a month into a fairly safe 5% interest bearing account and I want to start putting about 100$ a month into something that is more high risk/high reward as well. I am considering doing thi...
We had a water heater leak that flooded one of the kids bedrooms. Dry wall and carpet are being replaced so the 2 kids have to share a room. Do you ever give a rent discount in this type of situation. Right now the...
I am working with a small group of investors and we are putting our funds together to purchase properties that we will sell with seller financing to generate cash flow. The plan is that my LLC will be managing the ass...
Hello BP members!I've listened, read and debated a lot of material about using retirements funds in a self-directed IRA to invest in real estate. The rules seem really cumbersome and complicated, and since I'm still f...
Since speaking at The Best Ever Real Estate Investing Conference in February, I’ve received a lot of emails and calls to discuss a strategy that I use to syndicate commercial and residential acquisitions. The major be...
Hi everyone, this is my first post.I am currently living in Chicago, in the very hot neighborhood of Logan Square.I own a 2BR/1BA condo that can be rented for 2000/month, I am currently living in it but plan on listin...
When you're hiring a contractor, how do you handle payment. Will they want payment before? If so, it doesn't make much sense to pay until you're sure the work is complete, right?
It makes sense to me to pay half be...
Hi all,I need the professional to put on their legal hats here, as I have a situation where the buyer purchasing my condo cancelled 23 hours before the closing. Please note that I am the seller/owner and selling agent...
Hey folks,I'm new to the investment game and I've come across a situation I need some input from the current landlords on.I've got a tenant that has paid late each of the three months I have owned the property. As pe...