I think being mentored by a successful local inventor would be invaluable. I live in Austin,TX and I don't think a lot of the standard rules of investing apply right now. I find the best partnerships are ones that bot...

Has anyone run into a situation where the first appraisal came in at the selling price, but the second appraisal came in below?

How is this discrepancy reconciled? Do they average the two or would you have to drop t...

Hello all, I have a general question about inspecting a mobile home....Would it be wise to pay for an inspector to come out and check the home out if I'm just going to turn around and sell it or conduct an inspection ...

We’ve had our property listed for rent since Friday, so about 5 days now. We’ve gotten a lot of inquiries and a good number of showings, but only one person applied. Another person wanted to apply but I had to turn hi...

Hi all,I currently have a rental property loan with a local bank and I have been paying it for about 2 years without any problems.  I just received a letter from the bank requesting last year's tax returns, personal f...

I am current searching for my first set of tenants for my second rental property. My first property is currently rented out my best friend so I didn't have to go through the actual process of finding a tenant. I have ...

My first property is in escrow and I'm trying to get ready to evaluate applicants. I want to have a full set of standards before I start evaluating applicants that way I can prove I used the same qualifications for ev...

I just had some improvements done on my home: roof, siding, hvac. It was financed with a personal loan at 9.99% with no prepayment penalty. I previously owed nothing on the home. I didn't want to start with a heloc or...

The Art of Picking a Good Tenant

Hi BP!We are in the process of renovating a 1,028 square foot condo in the South Loop of Chicago!There is one decent size master bedroom and one tiny 10 x 10 room that looks more like an office. It has a closet and tw...