Hello all, my first post here. Tried searching but couldn't come up with the answer I was looking for. First im looking for an opinion on the legality of my late fee clause pertaining to charging a 5% late fee for 1) ...

Looking for some advise. I bought a condo back in 2003. I was able to hold on to it through the 2008 market crash. Right now it’s renting and I have an ROI of about $500.00. Recently I’ve decided to start investing in...

I'm working on obtaining a construction loan and I was wondering if anyone knew if these were relatively decent loan terms.  $346,000 loan amount.  75% ARV.  3pts to the lender.  $3K to escrow/title.  $84K cash to clo...

Hi BP community, I just finished listening to Mike Butler's "Landlording on Autopilot" audiobook, and I found his chapter on showing vacant units very interesting. For those that haven't read or listened, he recommend...

I was stunned when our family friend told me that she would contribute $100 K in cash towards my purchase of a $250,000 Duplex at Tinley Park, Il. I already made an offer on this Duplex and waiting for the Seller's ba...

Hi All,My 61-year old father recently signed a lease with a 40-year-old Russian woman who had recently moved to America on a tourist visa and started working illegally ((he did not find this out at the time). She move...

Hey BPers,So I've been brainstorming about how to start stacking up my finances to come up with a down payment and I came across something. I'm freshly out of school and I have a good paying job but it still takes som...

We had the sidewalk and driveway redone on the tenant side of our duplex. Yesterday the concrete was poured. This afternoon I noticed that a smile, a pentagram and a third illegible mark had been inscribed in the now ...

I started interacting with a RE agent months ago when I began looking for an Airbnb investment. The agent has been communicative the whole time (something that I can say about 5% of agents in my limited experience) so...