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The Real Estate License Act (RELA) of 2000 is about to sunset. Check out the changes they are making to the RELA regarding wholesaling. How do you think this will affect things?
Excerpt is taken from the article pos...
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Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
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@Bill Labrecque and I closed yesterday on a 2-family flip in Southington, Connecticut. As project progresses we will document the progress on this thread.Here are some of the key numbers:
Purchase Price: $87,500...
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BPThis Friday I completed my first move-out inspection. A guy came over and charge me $300 to change my locks. He changed 3 locks. Does this seem like a fair price? Where can I get information on going prices prior to...
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What if you owned rental properties and when you went out to take care of a tenants complaint, you had a great chat with them and they invite you to go do something fun with them that you both enjoy like fishing for e...
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Hi All,I'm reviewing my lease, and I'm wondering if there's any additions in people's leases that they consider must haves, or perhaps additions to leases after a bad tenant experiences? What is something you'd wish y...
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Hello BP!!! Well after many, many months of reading and educating myself from the wealth of knowledge here my wife and I have purchased our first investment property! Ruby Door Properties, a brief history: I like many...
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I was wondering, how does the big box stores like The Home Depot or Lowes hire their "tech" people?I mean, if you work at the plumbing aisle and are giving out advice to DIYers aren't they suppose to have some clue on...
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Federal policy makers want to keep you from buying and profiting from openly traded non-performing notes (NPN). The bias is against private investors who purchase 1st and 2nd mortgages of delinquent homeowners in favo...
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I'm about to go straight from renter to triplex owner-occupant. I'm an exceptionally fast learner and have at least average coordination, so I love the idea of learning to do as many things as possible myself.
If I w...