Is Seller Financing really an effective method to get access to multi-family units? I’ve been listening to BiggerPockets podcasts and reading about it - I just can’t process that to be something that really works in t...
We purchased our first short term rental property on July 3rd in Fox Lake, IL. We did a lot of research in the are and strategically bought in this city since they allow short term rentals per their ordinance. Part of...
Last year, I stumbled upon a really solid niche investment opportunity - airline crashpads - and am on the cusp of closing a great deal BUT was turned down by my bank for the financing. This would be my 3rd deal in th...
We have not allowed pets in the past, mostly because we have not had any problems finding tenants without pets (but a lot of pet owners asked anyway). We are about to have 3 units in duplexes available for December 1,...
I am a newbie, just converted my primary residence to a rental last summer. We're nearing the end of our first lease and have a bit of a problem tenant but they pay rent early or on-time every month. We're on the fe...
Met with a seller today (Called one of my bandit signs), long story short the owner is on a waiting list for elderly housing closer to his family and his house is just what i'm looking for. Owns outright, interior is ...
If seller petitioned for full authority, What would be the reason a judge would tell them that they have permission to sell? but have to have the home listed by Jan. 1st. ? would there be any changes during this proce...
Hi, I own a 7 unit multi-family property in Cleveland Ohio. Recently I renewed my insurance policy. The insurance company sent an inspector after I started the coverage. After the inspection, the insurance company sai...
My tenant called me last night and said that her daughter plugged in an iron in her room and that it somehow set off the circuit and there is no electricity in her room. She said that they unplugged everything in ...
Hey BP family ! Any CPA’s out there lol . I am a new investor and I have been taught the formula goes like this Income-expenses = cashflow but, my question is do you pay taxes on that “cashflow” ? If so, how much sh...