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I'm a free-market person, but if the autos go under, we'll have millions of more people without work. Do you guys think we need a bailout or maybe some of you have some other ideas?
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I am considering buying a motel to convert into efficiency apartments. Anyone know if that will likely require a zoning change. The numbers look good but the execution concerns me. Any thoughts BP members.Thanks for y...
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Hi all,I've just finished renovating 2 more condos which are currently empty. I've been just using referrals to rent out properties but I want to start being more comprehensive.I know I've read some posts about having...
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Hi all, hoping to get some feedback on what you would do in this situation. Tenant died owing almost 10k. Police and detectives could not find any next of kin. The only thing of value they left behind was a small trai...
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Hi all. I figure I'd check in with the financially savvy folks of BP to see what is the best way to purchase a car. I'm not looking for a brand new car but a good used one that's maybe two to three years old?
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Have:
Fully executed CAR RPA
Escrow open
EMD in escrow
Cash buyer willing to pay acceptable premium
Need:
Best way to get that cash buyer's money to me as quickly and cost free as possible.
I get that I could pr...
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Hey everyone,Closing is the best part of a deal and I am excited to get there (one day). However, my situation is very unique (I think) and I'm in need of advice.I'm a work-from-home mom with one car. My husband needs...
I’ll soon be listing my first property for rent and would like to use the 2023 Chicago Residential Lease Agreement for the transaction. Considering the new language requires a licensed realtor to execute the transacti...
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I am located in Florida and am looking to develop a "Lease Option" strategy.Is it more profitable to look for properties that require minimal rehabilitation or fixer uppers?Should I look for B to B+ properties or C to...
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We decided to take the plunge. A year ago my wife and I outlined three different plans we could take to start investing. We were all set to go with a very conservative plan when some very unsettling events happened in...