Hi all - any recommendations for good mortgage brokers/lenders in Chicago? Ideally with good investment knowledge. Thx!
I entered into a one year lease with 4 tenants (jointly & severally, and collectively referred to as "Tenant"). The Lease requires Tenant to carry a renter’s insurance policy covering Tenant’s household goods, per...
Hi all,
I tried to do real estate full time for the past year and ran out of my personal savings. I was able to get 2 transactions under my belt, but right now, my life requires that I get a full time job and a regu...
So a mentor of mine is arranging a meeting with a portfolio lender (small local bank) reference a deal I have in the works. This will be my first attempt at such financing. Everything I have done to date has been co...
My wife retired and has made some changes. Great having a second set of eyes looking over everything from a fresh perspective. Went to the Las Vegas Storage show and just recently the Iowa show. Always getting good...
Hello BP!! Does anyone have any good advice for writing up a contract to borrow private money?? Should we meet with a lawyer or who would be a good resource to do this, we are looking for someone to write a contrac...
Hey all- came across an OOS BRRRR opp in Georgia, near Atlanta. I wanted to get some opinions/thoughts from folks. Here's what I got:Asking price $62500 (not what I'm going to offer). Comps put similar properties in g...
When treating REI (rental properties specifically) as a business, do you take all of the net cash flow as owner draws or do you treat this like a regular business and take say 30% of net profit as owner draws?
Hello BP Community! This is my first time posting here... thank you for your replies and insights. I have searched the forums but have not found a thread that matches my situation. I have the opportunity to purchase a...
Hi .Just got an offer from a couple to rent one of my properties for an arbitrage purpose (ARBNB) they will provide their own home warranty. Do you guys think if it is a good Idea to rent out to a teant who is looking...