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I am looking at a property near Chicago and plan on closing very soon. I have a question regarding the title for the property. Should I close the title on my name or would it be a good idea to open an LLC or trust and...
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Currently I utilize texting and when necessary personally call individual tenants who don't have cell phones when I need to notify an entire building of common information. Specifically things like, need to move cars...
I often buy using Subject To to buy properties. If you choose to use this technique these are some of the Pitfalls to watch out for.
Subject To Pitfalls
1. The bank can call the loan due (due on sale cause).
2. You...
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Hi everyone! I am fairly new to this type of Real Estate investing, as a career, even though I have been a builder and developer over the years. Obtaining money for projects of that sort most always goes through tra...
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We have 4 townhouses east of 75 & Haskell (West of Ross), Built ~ 2007. Good condition, 100% occupied. Monthly rent in the ~$1.5/sqft range. I'm currently also the property manager. I'm a professional in another u...
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Hi all,
I apologize if this is a well documented thread already. I've built up a portfolio of 14 properties and haven't had the time to consider the best approach for insuring them. I've been working with a lo...
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Dear Admins, Forgive me if this has been asked & answered previously. Might you consider bifurcating this forum into distinct forums, one for Tax Liens and the other for Mortgage Notes? It seems to me that thes...
I have narrowed down my applicants and would like to accept a couple who both have good jobs. I just ran the background check and it came up that the husband has a child endangerment charge that was dismissed and a do...
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People across the Kansas City area have reacted strongly to a picture circulating on social media of a letter demanding some residents pay rent.
A woman posted the letter her husband noticed while he delivered a me...
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Hi--I am looking for individuals who are willing to loan our business private money to purchase rental properties in Memphis, TN on a 5 year note. We plan on being in the house around .50 - .55 on the dollar after re...