Can anybody explain to me why it seems that Iowa and Illinois require that you work for a broker office to become a licensed broker? I live right on the border and would be fine getting a license from either state...
Due to rent control laws and the difficulty of buying a vacant multi-family I am considering buying a house zoned for a multi-family. The only way any multi-family in LA could fit the 50% rule is by building a multi-f...
I'm looking at becoming involved with private lending. I know when someone receives a traditional loan from a financial institution they typically are required to purchase title insurance to protect the lender. Do p...
Help, I purchased a townhome from a wholesaler. I found out after the purchase that it was a frequented drug house. Tenants told me seller had tried to sell to investors before but after meth test came back positive...
How big was the math section on your exam? Are there any ways to make the math seem easier? Or do you generally have to be good at math to pass this thing? I can memorize terms and definitions all day long but when it...
Hello all!
First tax season with my rental property and my CPA is asking me if I want to claim the depreciation on the rental or not. I know if I do I'll get more money back now, but then I'll have to pay the taxes o...
Hi there,Has anyone has a property pass/ fail the mandatory Lead inspections in Cleveland and any tips for me?I have two properties due for inspection by Sept.I heard having windows painting and a HEPA cleaning helps ...
The water isn't right, its a little too cold, but should I just jump in, and make my first investment, even if it isn't the smartest? I figure to overcome fear, and actually see that REI'ing isn't as scary or intimida...
What are the requirements a private money lender requires or what would they want in a deal? How are private money loans structured?
Good Day BP'ers!I am looking for some opinions on this deal that I am looking to go through with. Basically, the house I am looking to buy includes a separate lot in behind that fronts onto the parallel street. The ...