So I think I understand Pre-foreclosures pretty well. The mortgage is not being paid and the bank is going to foreclose. The homeowner can avoid this through selling it for an amount that the bank is willing to acce...
A friend of mine has a property management company and owns many buildings. We recently received a notice from our city stating that they entered the unoccupied building and inspected it. They sent a huge list of se...
I made an offer after inspecting the property and sent instuructions, proof of funds, deposit, approval letter, unfortunately the agent isn't rushing to get the official offer to me to sign. She is a flat fee agent, ...
How do you determine whether s particular city and area has demand for section 8 rental? Some cities have very little list for section 8 rent Does this implies the cities have little demand? Tks
The last three years have been a ride to say the least. Before I ever knew anything about Bigger Pockets, BRRRR, infinite returns or what a CAP rate was, I always had this dream of flipping and owning rentals. By trad...
I have recently purchased a duplex REO property which has a number of violations with city liens. I am in the process of clearing the violations and running into some issues in trying to be the "owner/builder" of the...
I have a long time tenant who has been on a hosing voucher for years and I have watched her turn her life around over the years. She takes great care of the condo. She even bought tools to change the AC filter every...
Hi, I have owned rentals for several years and have never had any major issues. "Knock on wood"....Nevertheless, I am starting to try and make things more official and would like to hear opinions on sending out rent i...
Hello! My name is Maegan and I am in the beginning stages of adulthood. I got my first “career” job a year ago, but quickly realized that trading time for money wasn’t going to be enough if I wanted to create wealth w...
Hi, I realize that this is legal advice and that I'm in Illinois, which is a legal minefield. But I'm figuring probably some of you have been through this before and I'd like to know what your experiences were. I have...