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What are some red flags to watch for when interviewing Property Managers?
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I’m in contract on a small deal for 500k. A long time friend of mine expressed interest in being a cash partner, simply looking for a better return than his savings account. This would be through monthly cash flow or ...
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Closing at the end of the month on my first rental property. It's a duplex and wondering if I should encourage tenants to set up payment online. Was looking at sparkrent.com, it is only $1 per unit/month.
Has...
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This Tuesday I have a 1 year walk through with a Tenant of mine. She lives in a nice SFH with some of her friends and has been a great tenant in terms of paying the rent right on time and dealing with a couple minor m...
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Guys I am in need of some help with my SOW and budget for a property I am purchasing. The property is an older property (built in 1920) and I am picking up the property for $45k with an ARV at $180k. The problem is ...
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Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
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Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
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I am working with a small group of investors and we are putting our funds together to purchase properties that we will sell with seller financing to generate cash flow. The plan is that my LLC will be managing the ass...