Hi everyone!I just joined the forums and I am excited to be a part of this community. First, a little about myself:I am currently a Law Student at the Chicago-Kent College of Law due to graduate in May 2017 with an un...
My neighbor just recently passed away and the state has been going through all his stuff and cleaning out the house. I looked at the tax records and he does not have a mortgage with anyone on the home. My question wou...
Greetings BP. I have recently purchased a legal duplex with the following set up: One unit is a self-contained 1 bedroom unit and the other is a 7 bedroom/2 bathroom unit. Total of 8 bedrooms.Firstly, in the city w...
I found an off market deal in my back yard that I am pursuing heavily.
Back story: House was owned by same lady for over 30 years, rented by brother in law, no mortgage/liens, and currently vacant. Two survivors, on...
The area that I live in gets quite hot in the summer...we're talking over 105 for several weeks. Part of our investment plan includes us buying a SFR, that we will live in for 2-3 years, and either rent out or sell at...
In the realm of real estate investments, the short-term rental loophole offers a unique opportunity, subject, however, to certain rules and regulations. According to passive activity loss rules, every business is obli...
Property manager is holding security deposit (several thousand dollars) in
escrow. Landlord makes claims against a large portion of security
deposit upon tenant moving out. Tenant disputes the claims. Propert...
Hello,I am new to real estate investing (buy and hold) and looking into my second deal to get the wheels turning. (First deal was a house-hacking concept.)I came across a deal that happens to be a bank owned foreclosu...
We have owned a 4 plex that we purchased 2 years ago and inherited 3 tenants. For the time that we have had these tenants they have been wonderful. They never complained, took care of our property, made the place a wo...
Last year I purchased two fourplexes in a low income housing neighborhood in Ft Lauderdale. Three years prior to my purchase I lived no more than 3 blocks from the area I recently purchased in and while I was there I ...