Chris McDaniel
How I made $64,000 but had to wait 1 year to see it.
So here is my $64,000 story:December 2013 my phone rang, it was a former co-worker who had fallen on hard times. He called me and asked, “are you still buying houses”? I told him yes I was, if the circumstances were r...
Michael Swan
How To Identify Bad "D" Or "F" Class Areas
Hi all,Since I was featured on Podcast 238 about a year ago, I have talked to many BP Nation Members asking me if they should buy this deal or that deal. Here is a simple way to determine if a deal a broker is sendin...
Harold Wimberly
Question about Private Money Loans for Real Estate
I have been reading about attracting private money investors for real estate. I wanted to know if anyone has had success attracting private money. Also, I'm thinking of running an ad for private money and I wanted to ...
Christopher Fordinal
STR: Where's my mistake in my numbers.
Hey guys, I am looking at getting into the STR game in Galveston TX or Destin FL. The problem I keep running into is that I can barely cashflow with the numbers I've researched. I would love for anyone who is currentl...
Adam Mazzochi
Taking Heloc to invest into Tax Lien Certificates, good bad ????
So is it foolish to take home equity and put it into Tax Lien Certificates????? Let’s say someone has a dozen rental houses paid off collecting rent would it be foolish to take the equity in those houses and make even...
Marcus Auerbach
The dark side of a 28 day notice
I am upset with a landlord, who is playing it by the book. And maybe I am taking my job as an agent to personal, but this did cost me some sleep last night. I wrote an offer for a new client last weekend on a very nic...
Casey Maeda
Multifamily as a resilient asset class
Prior to covid 19, always hear multi family syndicators preaching how safe and resilient large multi family assets are. Boring but evergreen. Post covid 19 pandemic, I wonder how much this holds true...
Account Closed
Quicken Loans vs. traditional bank
I'm trying to get the ball rolling on my first deal and get pre-approved for a loan. I've researched Quicken Loans and even started the application process to get pre-approved, and it seems like it will be legit and p...
Bernard Sanga
Collecting rents from a tenant without bank account
Hi,
I just completed a deal (duplex) and I inherited a tenant who does not have a bank account. He pays cash to the previous landlord.
I am new to real estate investing and would like to hear recommendations on wh...
Tony Freeman
Why Security Deposits In Chicago Are A NO NO!
This isn't meant to be a long post but I have a lot of first time investors and house hackers or just investors that are new to Chicago that ask about charging a security deposit and my answer to them is NEVER charge ...