Real estate investment has always been on my list of things to do at some point in my life. With the real estate market in the shape that it currently is, I've decided that I am in a good position to enter the field....
Sudden life changes, the purchase of a new home, a job relocation, and other life events can make renting your home an option. Before you decide to rent your primary home, consider several things first. Expenses: ...
I have some class B properties. I've found that some potential tenants are sometimes hesitant to sign a year lease. How do you determine if you lease month to month vs 1yr? Thoughts?
I hope I am posting in the right forum. If not, please let me know and thanks in advance for not judging me on my bad investment :)In 2007, I thought I could make some $$ on a preconstruction flip.I bought a very nic...
Hello BP community,I have two tenants occupying a unit who are both "jointly and severally liable" for the full 12-month lease. One of the roommates wants to end their part of the lease due to personal reasons unrelat...
My lender suggested moving a multi-family from my personal name to an LLC immediately post-closing via quit claim deed. Does anyone have experience with this (even better if in Chicago)?
According to the City of Chi...
Hello all, merry Christmas! I have done a lot of research in preparation for my first real estate purchase but I haven’t heard any mention of banking services that stand out. I would love to open a joint account with ...
I'm curious where the rest of you fall in terms of charging application fees on open units. In the past, I have allowed tenants to apply for free. After selecting my top candidate I have them complete a background/c...
What are the disadvantages to Seller Financing, if any? Im looking to use seller financing for my first flip.
I am curious about AirDNA, any use it and rely on it.. in general? I tried it out for Joshua Tree, CA and it seems a little optimistic.