I have recently entered the real estate industry, I have so many questions! I would like to start out by saying I have very little capital. Although my capital is growing, my position puts me aimed towards the creativ...
My multi member LLC owns several rental units in Chicago. We do not currently owe any money on the units but were looking to get a cash out refinance loan on one of the properties. As of now I am the only member whom ...
One of my properties (in Palm Bay, Florida) recently encountered a leak which apparently occurred because the AC unit may not have installed properly. Unfortunately the leak was identified 2 weeks after the builder's ...
I've been hurt with several unsuccessful realtor-buyer relationships in the past few months. I think the biggest issue is with agents who are unfamiliar with investment methodologies and who are unwilling to do the ex...
Im a new landlord and I am trying to define my tenant screening process. BP has some good resources for this however one area I am not clear on is when in the process to conduct a credit check and background check. Cu...
Carpet is damaged, couches were destroyed, and all other tenants are complaining of fleas. In the lease agreement
we have, there is a section for "Destruction of Premise". How can I proceed with the eviction on thes...
We made an offer with $2K earnest money using the regular real estate offer forms on a REO property in California that is owned by VA. The offer was accepted but we were told VA does not accept the regular forms and h...
Is there a scenario that exists in which it is reasonable for a seller to refuse to share their Profit and Loss statement covering the most recent 12 month period for the property under contract? I think it is a deal ...
Good afternoon everybody! I could use some advice on my Sacramento California duplex. I am moving out to the next property and will be renting out my previous residence. The property was originally three buildings ...
I know many of you are in the lending business and I know most of you have good ethical practices. I am hoping that what I am about to post is an exception, however I want to bring this to your attention.
In Januar...