Hello!My wife has requested that we have standard operating procedures. I am currently writing them out. I have tenant move in/move out, maintenance, tenant screening, rent collection, turning over a rental, tax time....

Does anyone have a suggestion of where to get a background Check done on a possible new tenant? I am planning on getting income verification, having her fill out an application, and doing a background check. I also ne...

I am currently considering renting my rental property to a section 8 tenant but the problem is that the market rent is about $300 higher the HUD Fair Market Rent. The property is located in suburban cook county. Since...

My first wholesale deal closed a month ago.  The end buyer closed a few days before I went to pick up my check. My check was short $2500.  I explained that I had supplied EMD funds for that amount (yeah, mistake, I'll...

I wanted to create an LLC and have the entity purchase a duplex in order to protect our personal assets from a potential settlement-hungry tenant.  We found that no lender will structure a deal where an LLC buys the d...

I found a home that is move in ready; Minus the roof which is 21 years old. It's a 3/2, granite counters, wood floors, tile kitchen and bathrooms. Huge screened in lanai in a prideful pocket neighborhood. Great start...

What do you all think of the formula provided by Rich Dad for analyzing and valuing Residential Multi-Unit investment properties?Yearly Gross Rent x 7 (+ / - 10%) = Max Allowable OfferThe premise is that these propert...

I guess my first question is when I give a potential tenant a walk through how do I give them a professional showing? What are some questions I should be ready to answer, how do I become an expert on the utilities my ...

I wanted to know if the lender or buyer orders phase I on already built commercial property and can i recently completed phase I be used from a previous escrow?  

Hey BiggerPockets family as the title states I have a potential resident that wants to sign a 6 month lease and pay for the entire period up front the property is a single family house. I’m open to all advise , opinio...