Value-add investors getting busted for fudging the numbers.https://www.wsj.com/articles/u-s-pursues-one-of-the-biggest-mortgage-fraud-probes-since-the-financial-crisis-1534357872
Hello BP. I have an apartment for rent, and here is a conversation between me and a lady viewing the apartment.
Her: "How do you feel about kids?"
Me: "I like them!"
(We have a laugh for a moment)...
Good day BP people, I believe I'm close to pulling the trigger on a fourplex that I found off market. We have come to a price and will be working out the details shortly for the transaction. I had a tour of the baseme...
Hi! We’re interested in a single family house property. However it has a detached room that is permitted as storage room but listed and used as an office/den/gym. And the detached room has an attached deck that has no...
If I have it set in the lease agreement that any violation of a rental property agreement will be assessed a $100.00 fee, do I need to give the tenant a warning letter for cease and desist first? (say for instance smo...
I have a duplex that I have owned for 22 years, I lived in there in the 90's I know it well, it is an easy place to manage but I have to sell it (my son is off to college next year). It has tenants, I have had one mon...
Looking for security system recommendations for a 35 unit apartment building in downtown KC. Bootstrapping this project so wondering if I can install in phases and what other owners see as the essentials versus things...
Anyone experienced in C class investments? I am looking into a 4-Plex in a C class community with 11-12%CAP Rate. The CAP rates factor in property management fees and a projected 40% expense figure. The community ha...
Hey all, Anyone in Chicago have a good RE attorney referral? I am on the board of two self managed HOA's (Lakeview /Wicker Park) and need assistance dealing with two separate issues: #1 Noise disturbance in commerci...
I am hearing a lot about not being able to refi rental property held under my LLC.
I guess if your going conventional refi you need to have the property quit claimed back to your personal name for 6 months before F...