Christopher Middleton
Life Insurance used as a bank account
I was listening to some old podcasts from "The Real Estate Guys" today. They had a special guest speaking about using life insurance as a better bank account for REI's.
Has anyone used Whole Life Insurance as a bank...
James Wise
"Subject To" Real Estate Investing is Slimy. Prove me Wrong.
"Subject To" Real Estate Investing is as Slimy as it gets. There are ZERO situations where it makes any sense for a seller to sell their property in a "Subject To" deal. The only times these deals happen is when some ...
Bill Gulley
TEA PARTY COMPROMISE?
Just heard some "official" of the Tea Party bunch saying that they were responsible for the cleaning of the house and that the Republicans will need go along with them!
She was saying there would be no compromise to ...
Jason Merchey
Ken McElroy Doesn't Do Apartments At This Point!
In a 2018 video, Ken McElroy said he doesn't do apartment investing anymore. Talked about how it is too hard to make them work with the low cap rates, and instead he builds from the ground up. He's obviously a big nam...
Rick H.
DUE-ON-SALE-O-METER
Was just told today by a Chicago area attorney who works with a lot of investors that he has seen a sharp increase lately in banks calling notes due.Very curious if anyone else is seeing this.
Jay B.
Chicago tenants refusing to answer messages about rent payments??
So I haven't heard from my tenants in 1 month. I'm a long distance real estate investor and my PM company has called, texted, e-mailed, sent out smoke signals but tenants are still refusing to answer. They initially s...
Justin Goodin
I spent $33,836 renovating this apartment unit.
I spent $33,836 renovating this unit.Here's the breakdown:-Quartz Countertops: $3,500-Heat Pump System: $5,500-SS Appliances: $1,773-LVP 20 MIL Flooring: $4,406-White Shaker Cabinets: $4,000-Washer & Dyer: $400-Ba...
Anirudh Reddy
Who can claim interest paid on a seller finance property?
Hello,I sold a property on seller finance in August 2024. The loan is still on my name, but is being paid off every month by my buyer. So, for the interest paid on the loan from August through December, who can claim ...
Ben Leybovich
Flooded Basement - Welcome to the Life of a PIG - DON'T BUY PIGS in OHIO
So, in Ohio we are experiencing torrential rains - in 12 years I've lived in Lima, I've never seen rains like this...specifically in June!This pig is currently empty. There was a family of 3 in the house at a rent of ...
Account Closed
Who thinks Detroit will turn around within the next 5 years?
I've been on BP for a little under a week now, I love this site it's so informative. My question to you guys though is "Do you believe Detroit is making a turn around for the better & Will the change be noticed...