Seems to be the consensus a non-refundable move-in fee is preferred in Chicago -- legal reasons.
What about getting, in addition, first and last month's rent prior to move in? Does this open you up to more litigation...

Did you know that as a homeowner, you are able to take advantage of green energy tax credits? These tax incentives can help offset making energy efficient upgrades to your home. There are two tax credits that are avai...

Hello BP,I've attended multiple webinars where Brandon Turner does an amazing job doing  rental property analysis which is immensely helpful. I've noticed though he uses $200/month for SFH or $100/month for multi fami...

I'd like to make an offer on a property selling on craigslist saying this:"I'd like to offer $$$, and if this amount is acceptable to you I'll have my realtor draw up a contract"Similar to a letter of intent, and noti...

Is it considered standard to include all closing costs, capital outlays (for repairs, improvements, etc), and loan origination fees in addition to the sales price when calculating cap rates?I know that generally, when...

I'm curious everyone's thoughts on using IRR to evaluate deals vs some of the other calcs that are seen more often.As (new) buy and hold investors in our early 40s, my husband and I are far less concerned with what ha...

I'm 26 years old and just beginning to explore real estate investing, with the target of making my first purchase mid-2018 and the intent of getting into a multi-family property while taking investments from family/fr...

A new crowdfunding deal (I will not name so I will not have to deals with lawyers etc., again) is for a fund to buy up 24 multifamily units located in Drexel Hill/Upper Darby, Pennsylvania. 12% preferred, then 60/40 s...

Far too often landlords seeking residential property management services are asking one question for the initial vetting of the service. “What is your management rate?” Unfortunately, sometimes this is the only questi...

So we've got an accepted offer on a nice small duplex. We need to meet all conditions by Friday and everything seems on track. We haven't had the inspection done yet because that would be the first money we have to sp...