Henry Ibinson
Closing Process on Pre-Foreclosure Property
Hello! If an investor and an heir to a property come to an agreement on said property before it goes to sheriff sale (due to unpaid mortgage), how would closing work? Would a closing company still complete a title s...
Alexandra Cory
Chicago Owner-occupied Eviction process
Hello All,My mother owns and occupies a house in Chicago and she is trying to get a lodger out of the house. The lodger has no formal lease, and the lodger was served a 30 day notice to vacate the property over 30 day...
Kristopher Ames
Mediation and Arbitration vs Court
Currently building a lease for a single family long term rental I own. I see some leases use mediation and arbitration to avoid going to courts to settle lease disputes. Can anyone share their experience with this pro...
Jasraj Singh
Do you really need to be a citizen in U.S to start investing?
I recently talked with a lot of people and they told me i don't really need citizenship to start investing in the U.S? So I'm wondering is it really possible cause if I invest there I need to live there and I even ne...
Anthony Vatsula
Repossessing a Mobile Home in California
I bought a MH for one of my sisters to live in. Turns out she couldn't move into it so I sold it. I took 1K down pmnt and made an agreement with the buyer that if he paid me 11K for the unit total I'd sign over titl...
Art Maydan
Tenant Wants Foster Children
Hi Everyone, One of my tenants in a triplex are a married couple with a baby and two dogs. The unit is a 3Bed/2Bath in Chicago. Their lease is up mid-2018. They told me they've started the process of hosting one to tw...
Rohan D.
W2 and a General Partner in Syndication- Can I take my K1 loss to offset W2 Income?
Hi Folks,Need some clarification on this complex topic.There is a lot of discussion on these tax nuances in BP forums, so I am happy to read any particular thread you can point me to.Basically I have a W2 (above incom...
John Kunick
Evicting Unvaccinated Tenants
Hi everyone, I just read an article that is alarming to me about a large South Florida landlord who is "evicting unvaccinated tenants".. From what I can understand, this landlord will not renew leases nor will agree...
Matthew Wright
Doing business as a Realtor thru your own corporation or LLC
As a Realtor should you do business through a Corporation or LLC? Im told S-Corps are preferred, but havent got an explanation as to why. Any agents out there set up their own entity for liability or tax purposes?
Marilyn Viray
Beckstone Partners whereabouts?
Hello,
Has anybody bought properties, through Beckstone Partners.I have not received my monthly rent payment & I am unable to contact them, & feel I may have been fleeced, interested to know if anyone is in ...