Just wondering what the consensus is on tenants who run a business from my rental. I think they should pay some percentage of rent since they are using a residence as a commercial entity. what do you think or have you...

I have been reading here for a few months and finally needed to post (the search answers almost all my questions before i needed to post). When it comes to the different entities I am thinking that a C-corp might serv...

Hi, all!

I am a newbie REI and getting started in Wholesaling to build cash flow. My current focus is on Preforeclosures, Probate Settlements, Expired Listings, and Short Sales. My goal is to have my business...

Hello, I have a 14 unit deal I am looking to purchase, but a few things are making me hesitant so I’m reaching out to BP for opinions. See the 3 things after the financials Purchase price: $390,000 I can get financing...

We bought a house with a Child Support Lien on it from the state of Illinois. On our other homes with certain liens on them we have always been able to negotiate the lien down or have the title company insure over a ...

I have a tenant in a single family home that has been there for a while. He has notified me that he is getting married next month and his wife has a child with special needs. The child requires a machine to breathe, w...

Hello,After hearing about it on Tom Wheelwright's podcast, I want to hire my daughter to help out with our real estate business.  She is a mature 7 years old, and would do great at cleaning the hallways and common are...

Halloween. Ah yes, that magical time of year when I get to teach my kids about America and the power of Capitalism!What's that? You don't use Halloween as an object lesson to teach your kids the same principles on wea...

I have a prospective tenant that filled out our application.  Originally, her fiancée and her 3 kids were going to move in.  I told them our process and standards we require for our rental units.  First, they must fil...

Chicagoans are aware that many properties contain an old grease trap in the yard. Welp, I bought a property and its missing. Never had this happen.Any leads on where to buy these? 15.5" diameter hole with an 18" diame...