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Results (9217)
Johnny Debt REO Confusion. Please help!
3 February 2010 | 5 replies

Hello,

I made an offer on a REO with 20% down and the rest is being financed. I was told that no inspection would be possible after accepted offer. My loan officer qualified me for a renovation loan to fix whatever...

Sinnard Michael Scott Would you hack this home? 1st house hack and we want to succeed.
20 December 2022 | 16 replies

Hi Chicago BP peeps, this is my first post here so I’m still getting my bearings straight haha. Here’s our key question; is this a purchase and rehab you’d do or are we crazy for trying to take this on?Im attempting t...

Brian Zaug Rental losses against personal income
4 February 2018 | 15 replies

Happy Friday!  Cheers!So my wife and I are both teachers in NY.   We grossed $251,000 last year on our w2s and we file jointly.   We purchased 2 rentals properties (2 duplexes) last year and with the work/renovations ...

Frank S. Chicago Short Sale with City of Chicago Lis Penends
3 February 2016 | 8 replies

Hi BPs!Well, here I have another off-MLS bite.  This is about to foreclose and  comes with some luggage.  I am wondering how to approach it.  Any help is greatly appreciated. The City filed Lins Pendeds against the pr...

Robert Ortiz Raising Rent for Deleading
18 October 2017 | 8 replies

I've brokered lots of rental deals where the tenant is requesting the landlord to do extra work or make improvements. Could be installing a dishwasher or laundry, refinishing floors and painting, or even more extensiv...

Christina L. Zoning & Short-Term Rental Advice
21 January 2023 | 13 replies

We inherited a vacation home/cottage in Bluemont, VA a few years ago, which is in need of full-rehab. We made plans to renovate as it is located in gorgeous wine country, and perfect for an airbnb; however, zoning con...

Spencer Wardwell Building from scratch in Los Angeles
26 October 2022 | 12 replies

Hi all!I'm looking to get some advice on my next real estate endeavor in Los Angeles.My current goal is to not only make a wise investment, but I'd also like to upgrade my current living situation (I currently live in...

John Soforic new purchase, very low rents
14 January 2014 | 16 replies

Has anyone out there ever had a successful transition between raising rents SIGNIFICANTLY after buying rental units? I expect in essence to ask some very nice, elderly people to give up their "homes" and would lik...

Michael Filppu Problem tenants on a month to month lease
27 August 2022 | 12 replies

I purchased a duplex a year ago with inherited tenants. One moved out immediately, and I took that opportunity to fix up that side of the duplex. Now it is fabulous and rented. The tenants in the second side smoke ind...

Paul Shepherd New Landlord Needs Help - Detached Garage Electric
7 January 2020 | 13 replies

Happy New Year BPers!  I'm looking for best practices advise/help.  I recently purchased my first rental units back in May and all has been good.  I have a single fam and a duplex.  The tenants in the SFH called me th...