Hello BP community. I’m looking to get into my first ever property as a live in duplex with a 3.5% down FHA here in Chicago (McKinley Park, Bridgeport, or Pilsen) The problem I am running into is that any properties I...
I know many people direct mail property owners in the following categories; absentee property owners, behind on mortgage payments, probate, etc. What about text delinquent properties, people behind on their annual pr...
If you are like me... You do not have a high paying job. You earn just enough, barely or not even close to "making ends meet." You spend 1/3 of your life or more wasting at a job you dislike for pay that struggles t...
Hey BP family! I am really needing some advice on this and I hope that I can explain it well enough for you to be able to answer my question.So my situation is that I am self-employed (Realtor) and the last 2 years I ...
Hello!
I'm finding it challenging to find deal with enough of a spread from price to arv, given repairs... when using hard money. I'm at a point where I'd love to start looking at private money but don't know where t...
Hi all,A friend of mine and I are planing to partner up and fix and flip properties. We plan to put down payment together, get a hard money loan, rehab and then sell properties. I am an experienced buy-and-hold invest...
I have been lurking for a few years here, and have posted a question from time to time, but am closer to being serious about this whole thing. Here is my situation: I have a 40 hour / wk work schedule that is not de...
Hey there, Looking for any and all advice regarding starting/operating a property management llc. Main concerns: 1. Does my llc have to be in the same state as where my properties are if I don’t own the properties? 2....
Looking for a loan and am curious if all lenders have resorted to creating a laundry list of fees. Some of what I am seeing are:- Legal Fees- Underwriting Fees- Corelogix and other data feesWhat's next - Fees for if y...
Hi, I recently purchased 2 quads and a tri and am really excited about this new property. The only problem is, there is trash everywhere on the grounds! It's really bad. I have considered charging tenants for any tras...