Hello everyone. Let me start by excusing myself if I make and grammatical errors, but I am typing fast because I am a little POA.Okay, so today I was supposed to close on my first wholesale deal. Got the property unde...
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Again, without writing a novel explaining the details and reasoning behind this (should be obvious to the experts anyways) - I want to locate properties owned by distressed sellers.
Maybe they're not even selling eit...
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As a Chicago landlord, I've noticed many local apartment listings that ask for a non-refundable move-in fee instead of a security deposit. I suspect this is partially due to Chicago's strict laws regarding security...
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I have this Subject to off market deal in Houston, tx: Seller's Motivation: Needs to move to smaller house close to work place.ARV: $185,000Repair: $5,000pending Mortgage: $135,000Seller currently lives in property an...
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Hey BP. I wanted to share a tough lesson learned, partly to help others learn from my experience and partly to seek any words of wisdom/encouragement. :( Thanks in advance!I am just 2 weeks from closing on my first p...
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Hi All! Happy New Year -We just discovered a property we purchased last spring (2022) had a tax lien on it that had been sold in late 2021. Notices had been going to the seller. The lien was put into foreclosure about...
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Ch. 1 Why I Love Rental Properties
Ability to use the leverage
Ability to hustle for greater returns
Ability to manage my investment directly
People always need a place to live
Its worked ...
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So I had new tenants move in the last week of July. They paid their first week of rent of rent upon move in (first mistake I should have requested the entire month of August at that time!). Then, August 1 comes, no r...