Tracey Steele
Chicago / IL Short Sale and First Right of Refusal
Hi BP Community!What are the rules around short sales and tenant's first right of refusal? The property is in IL / Chicago. Does the bank always have to accept the tenant's offer? If not, what are the stipulations aro...
Zachary Vanison
fha and conventional loans
I’ve been at my day job for two years now my fico scores 742,736,701 my credit history will be two years in April I have no collection , inquiries,charge offs , no bankruptcy but I do have late child support payments...
Diego A.
Syndication vs Partnership
Hello Experts,I am looking for some advice on what route to take. I have a group of friends that they are looking to invest in Real Estate in some deals together, but we are not clear on how to make sure we structure ...
Ken Winter
Rent Increase in NJ - Is Notice to Quit required?
I tried searching for an answer and couldn't find anything on point. This will be my first time increasing rent. I found something from the NJDCA that says a rent increase must start with service of a Notice to Quit...
Austin Davis
Self Directed checkbook IRA recommendations?
Hello BP,My brother wants to be a private lender to my real estate business and wants to use his Roth IRA money to do it. He lives in Des Moines, so I was trying to find him a local self directed IRA for him to roll ...
Jerry Cima
Survey - Who's funding your deals?
Just want to get a consensus on how deals are being funded, & which part of the deal? My personal friend will be funding 80% of the cost of my first property. I'll be funding 20% plus any improvements. Are you guy...
Kristin Caras
Group Homes - How to get started?
Does anyone have experience with owning and operating group homes? I am interested in opening up a group home to serve adults with special needs, as I have two siblings who will eventually need this type of care. I'm ...
Steve Veen
Accredited vs Sophisticated investors
If you are a Multifamily syndicator, I’d love your feedback on this: What percentage of your deals require accredited investors only as opposed to being open for sophisticated investors? Thanks,Steve
Andres Murillo
Which market should I choose? Why are investors choosing certain markets?
I review this doc with nearly every new client I work with. I thought I'd get some feedback from the BP community.What's plotted here is "why are investors choosing this market". For example, investors are choosing Sa...
Asan Dixon
Rental Arbitrage Proposal
My partner and I are just about ready to get into Airbnb through rental arbitrage. Does anyone have a script they use when talking to land lords? Or can give pointers/ideas on what to say?My main selling points I hav...