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I just ran across a Chicago South Suburb (Country Clubs Hills) that still has a Rental License Moratorium in place. This means any investor that buys in the city will not be granted a Rental License, making it illegal...
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There are many wholesale companies or Investors as we all know. There are those that do their very best to secure a property at the right price, under the right conditions and with a good estimate of repairs. These ar...
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I'm considering placing an offer on a house that has an issue with the basement foundation. The Point of Sale inspection has an item that simply states "replace damaged foundation." Here in the Cleveland Ohio suburbs,...
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Hello BP, Now that I'm in The Big Apple, my girlfriend and I are looking to get into REI and build our future here. As a professional trader, I am expecting to have a pretty good salary, so most of the REI business...
My Wife and I are looking to start investing in a rental property in either in Ohio or Indianapolis, it seems like these are good places with decent demand that fit our budget. We are looking to start small and get an...
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Hello all! I recently came across an article listing the top 10 cities for rental properties in 2021 and one of them was Cleveland Ohio. After a quick search on Zillow I found properties for as low as $20k. Now, I und...
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Recently, a mentor of mine did a flip in Lakewood and the property didn't have a garage or pad. He had both constructed (2 car), but said he didn't get much out of it as far as ROI is concerned. It seems that most hou...
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Hey Biggerpockets,I have a service contract with a tenant, who was served an abatement warrant. For those unfamiliar with abatement warrants, the city puts it's own locks on the property for a period of time to stop t...
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I spoke with a Landlord yesterday. He had nine SFR's and he is selling. He sold six so far. He said this is a market high and he is cashing out. I asked him how long he had these and he said some ten years, some less....
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New investor.I am interested in a property that is in preforeclosure. The date for the auction is Jan.10th. I have not contacted the owner yet, because I am not sure how long the process of doing a subject to takes. I...