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When using friend's or family's money, how is this typically structured? If the money will be used for a down payment and/or rehab costs, is a simple agreement used which lists terms, interest, amount, etc? If it is...
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Hey everyone,In my day job, I work with vacant and abandoned properties on the South Side of Chicago - Englewood, Woodlawn, South Shore, etc. I see all kinds of work trucks and I deal with investors all the time, and ...
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An attorney was recommended to me by another investor.In terms of what I need to have done,he seems like he'll be able to handle everything.Any contract I get to him for review will cost $800 minimum,even if it doe...
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I am excited to have my first tenant. We have a short term lease agreement for 6 weeks. The tenant and I have agreed to extend the stay another 2 weeks. Do I need to create a new lease or is there another way to do...
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I have been looking at condos in waikiki beach l for potential vacation rental opportunity. I am finding the prices of condos varies dramatically with in even the same zip code. Like $80k to 330k for a 1 bedroom. I’m ...
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Hi everyone,I'm not sure what the general term is for the rental strategy of renting out individual bedrooms (long-term, not VRBO) in a single-family home. Student housing is usually what I hear these rental types cal...
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Hey BP,I've been learning a lot from the forums and am now taking actions. Still looking to make my first deal from wholesaling. I've been driving for dollars, sending letters, and meet with owners at a couple propert...
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I close on 14 properties in less than 2 weeks just outside of Springfield, MO. Most of them have month to month tenants in them currently. Is it appropriate to screen them after I take possession since their contracts...
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I am working on a series of shows for my Podcast and I want to articulate simply and clearly the benefits of Real Estate Estate, but more specifically passive commercial passive real estate investing. What else do ...
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I have two accepted offers to buy and house hack. One is fourplex near downtown of Union city new jersey and the other a duplex in jersey city heights neighborhood. The fourplex looks like it going to cash flow much s...