We have a current remodel underway for a property we'd acquired on south side of Chicago (suburb). Long story short, received an electrical bill for $232 for month of July. (acquired in June, and bill was $40). Contra...
Hello BP community, I've never made a real estate deal but have found myself recently obsessed with it. Im using this post to test the waters on how powerful this medium is. I found a property that grosses 3200 a mont...
Hello. I am a first time investor and purchased my first rental property last March with a section 8 tenant already in the property. Our tenant is 2 months behind on rent but HUD housing is paying their part which cov...
Due to hurricane Irma a large tree fell from my neighbor's property and was leaning scarily against one of our rental's trees. I had my tree guy come out to assess but didn't cut anything because the tree was/is on m...
Hi, hoping someone can help me out or has some ideas. We have a main level and full basement commercial building. We have rented out the upper floor and the move in is set for next week. We had several different plan...
PenDoT has reached out to acquire a sliver of our land and lease another portion to fix a bridged road way... yet it’s seems more like a notice that they are just taking it. It would block the entrance to our property...
Hi everyone! I'm hoping to purchase a property as personal with 5% downpayment & wondering how to, if possible, to convert the property to an investment property & be able to claim depreciation?
We have a very complex issue and are in dire need of help.
Backstory: Our dad rented to section 8 population because his last eviction process (with tenant A) cost him $10,000 just to evict. “Tenant A” damaged our d...
Hi all,I'm trying to buy a SFH from the children of a dementia patient. The house is vacant for over 5 years now. The Husband, a former carpenter passed away some time ago, the wife is in a nursing home. The children ...
Hi Everyone,I’ve been in the REI game for a little over a year now, and have a philosophy I wanted your thoughts on. We’ve all heard that old adage that “With great power comes great responsibility”- As “Landlords”, w...