I'm building a 3-flat in East Garfield Park, west side neighborhood of Chicago.  I own about 80 MF units, but this is my first ground up construction.  I have a partner who is the GC.  I've paid for the land, architec...

Hi BP community,Newbie here - still have yet to buy my first REI deal - but I am currently in the process of selling our current home (3br 1.5 ba townhouse in Provo) via Homie.com. It seems like a pretty slick way to ...

I am a physician. For years, I owned and self-managed or had a property manager for up to 5 SFR at a time. After a divorce, I sold all 5 properties and made money (1 was basically break-even). However, managing was ti...

Good day!I wasn't sure which category this applied to (1031 exchange, real estate sale, or property manager) but I will start in this category for now.  I inherited a 9 unit multi-family in Fla in 2009 with no mortgag...

What do you do if the tenant buyer doesn't refinance the home owner out, and how to explain it to the home owner when you're explaining their options?

Chris

We recently had a furnace break two weeks ago and the renter is demanding a refund.  The night we were notified, we examined it found some loose connections and got it running again.  The next day it broke again we de...

I have a tenant that paid security deposit and half months rent on house they didnt see in person as they were moving across country, lease signed as well. They get here and apparently cant fit furniture upstairs and ...

Hello All,

My wife and I are looking to buy our first rental property and hoping to get some advice or guidance on the process. Our desire to purchase a rental comes from wanting to generate some inc...

The story I am going to post below contains quite a number of rookie mistakes, so feel free to point them out. If you can find over 5 rookie mistakes, you get the prize.  Here it is:
I hired a property manager based...