Edouard Pierre
Cash for keys in Chicago - Best procedure?
Hi! I'm in Chicago and in the process of closing my first property where I'm inheriting tenants that haven't paid in a while. The situation: 7-unit building where the top two units are family and are both not paying r...
Tushar Pati
How Much Value Does Tenant Add To Sale Price? Beach View Also?
hello, have never posted on this particular part of bigger pockets but I have a rental condo in miami and would like to list it for sale. It is in the absolute best neighborhood on the beach in south of fifth and an i...
Kyle Spinale
FHA Loan
Does anybody have experience taking out an FHA loan? If so, could you please describe the process of getting it (i.e. requirements/screening process). Also, how has it treated you? By that I mean, would you prefer thi...
Michael Wentzel
Thanksgiving eve gas leak nightmare
Relaxing on my couch on Wednesday evening and my property manager calls. This is unusual and she has some bad news. In our newly acquired 4-unit building, one of the tenants smelled gas and called the gas company. ...
Tony Marcelle
Get it under contract?
Here is what I have. I have a seller contact me from one of my direct mail letters looking to sell her house. The seller wants $62k for the house. House is currently occupied with a tenant paying $725 per month on a 1...
Keith Hand
Park Owned Homes
I have some low-income apartment rentals and I am interested in getting into mobile home parks. I have a park under contract with a business partner who already owns a small park in our area. The park has 30 park-owne...
Garrett F Anderson
Running the Numbers... Good or Bad Deal?
Before I make my first purchase I think it will be beneficial to run the numbers on as many properties as possible, but how do I know if my numbers are right or not? I was hoping to provide the numbers for an example...
Brad Penley
Apartment Mentor program $25,000?
I’m looking at doing the multiunit apartment mentor and teaching program through 37 Parallel. The cost for the year program is $25,000. Has anyone out there taking this particular course? Did you have a good experienc...
Clifford Sargento
Respectfully terminating a Tenant at will
Hi All!Just entering the rental business property and my parents are allowing me to use their properties to grow.They have a property that they have been renting to tenants with no contract for close to 10 years. Thes...
Renee Burke
Do i invest in Austin?
Hi, I'm currently renting in Austin. I have access to some funds to provide a good down payment for an investment property. But still debating whether it makes sense to invest here. In 4-5 years I plan to move overse...