Alejandro Ferrer
Raising rents in Chicago
Hey all. If you have a inherited tenant who’s lived there for 5+years and is on a 6 month lease ending end of august. Rent is below market and want to increase at least 50$ for now. Going to give a 120 day notice befo...
Account Closed
Out of state - When are the right times to fly to see the property?
I have a logistical question about investing in buy-and-hold out of state - When is/are the right time(s) to fly out to see a specific property I'm going to buy?My thoughts are that I would have my family / trusted fr...
Account Closed
How do I start, I'm young, with school debt and broke!!
Hello everyone,I'm 22 years old and have always been interested in real estate investing. The only problem is that I do not have a rich network of real estate connections and I have no money. I have a degree in financ...
Salvatore Lentini
AMC Appraisals and Lima One Capital
Has anyone had problems with Lima One Capital withholding AMC appraisals? My buyer was not able to get approved by Lima because the per unit didn't meet there minimum ($50K per unit on a 6 unit property) even though ...
Scott Trench
A Hodgepodge of Personal Finance Study Materials!
Hi All,I think most people on BP are self-taught or self teaching when it comes to Personal Finance. I know that my study has been a hodge-podge of Corporate Finance, blog and Podcast study, books, and trial and erro...
Andrew Low
Starting out and Hitting Road Blocks
Hi everybody,
I am looking to purchase my first rental property and I do not think I am ready yet based on feedback I have received from multiple people.
I do not have enough money for a downpayment on a conventiona...
George Gammon
This Is Why You Shouldn't Have A Mentor
Contrary to popular belief mentors can't help you become successful.
At the very best they can help someone who was already going to be successful make a few less mistakes. But that's much much different than what...
Drew Sygit
Top 10 Biggest Midwest Cities: Which are Growing & Attractive for Investors?
Just in!After decades of being a national joke, Detroit has turned the corner and is outpacing the rest of the Midwest!It's even doing better than Columbus, OH, which is starting to fade.Detroit's focus on removing bl...
Alex Capozzolo
Virtual Tours - Worth it?!
Shout out to BP Agents and everyone else with an opinion on the matter:As a Seller's Agent, are Virtual Tours worth it? Do sellers care? Do buyers care to view them? Is it only worth it for luxury homes? If anyone has...
William Coet
"Peeping Tom" Tenant Making Female Tenant In Other Unit Nervous.
Looking for ideas on how to handle this situation at a small multifamily property. At this point I'm uncertain what, if anything, I can do legally. The young female tenant is nervous because of odd behavior of a mal...