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Investment Info:
Single-family residence wholesale investment.
Purchase price: $102,500
Cash invested: $5,000
Sale price: $140,000
4 bed, 1.5 bath, colonial built in 1908 with 1,848 sq feet of li...
I'm a new investor. I live in the Chicago south suburbs. I currently have one investment property located near my home, and it's in my name. I'm looking to buy more and I want to look in the northwest Indiana area....
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I have a tenant vacating a unit and have listed it for rent. I'm running g into an issue Io haven't run across yet. I am getting a lot of inquiries from section 8 and self-employed individuals. Ok m not sure how to sc...
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Hi, I'm an investor in Pittsburgh and I want to rent a 3BR home to a Section 8 tenant, however, the local housing authority has set the FMR around $300-$400 lower that is market rent for this house. I have not ye...
I’ve been offering a $100 referral fee for existing tenants who refer a new tenant to any of my properties. New tenant must go through complete vetting, sign the lease, pay security deposit and rent, and move in, prio...
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A tenant asked if another roommate could come live with her. She lives by herself now in a 2 bed, one bath, so there is room for them both. I explained that they would be added to the lease and must pass all other bac...
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Suppose this scenario:Agent takes 75% broker takes 25% splitAgent is part of a deal where commission is 3% but foregoes it so it's factored into the asking price instead (like instead of offering $100k and taking a 3%...
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The Chicago Department of Housing on Monday chose two nonprofits to provide free legal help to low-income tenants “at risk of or subject to eviction or lock-out” in Chicago.https://chicago.suntimes.com/c...
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Hi All,New rental property owner here. I'm curious what you all think are the most important terms to include in your lease? What non-standard terms have reduced your risk, hassle, and property maintenance issues th...
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Greetings BPers,This is a question directed more towards the accountant gurus of the crowd, or those with experience in this type of specific transaction...I have a situation where I'll be acquiring a property via a q...