Hi BiggerPockets Community, I'm Phil and I own 3 units (two condos and a single family home) in the Chicago area. I have a fair amount of experience in the real estate industry (see longer bio in my profile), but cons...

Lots of noise in the market, making me nervous.Noise 1 ) bye bye dollar, buy buy gold. * Gold has hit 5-year high. * Will dollar continue to weaken? I see quite a few propellants fueling it: oil dollar position is bei...

Hey!  I'd love to discuss the Chicago economy, and how it is going to effect the real estate market.  I believe we are in a period of slow national growth for the next couple years, but that doesn't mean certain areas...

For our new rentals they already have tenants in them.  Do we need to sign new lease with current occupied tenants in California? I remembered I had to sign a new lease for my business in a commercial building taking ...

I'm trying to write a plan of where I want to be in the next 5 yrs and how i'm going to get there. Problem is, I'm realizing writing a plan is not as easy as it sounds. I have an idea of where I would like to be but c...

Thanks for having me.

It's hard to explain the personal satisfaction I feel when the information I provide prevents someone from:
[list]Paying too much at a Tax Deed or Foreclosure auction,
Buying a vacant lot that i...

There are three 33% partners in an LLC and six equally distributed heirs (6).  We'd like to simplify the next generation's responsibility and sell one third to one partner in a cash out deal.  Two partners would remai...

Hello BP,I encounter a situation where I am purchasing a piece of land from someone who Spouse passed away. The county instructed me to provide them original death certificate and to remove the decease from the Deed. ...

I have a triplex I bought in 6+ years ago for 190k, I refinanced and got some cash out, now I owe to the bank 350k and my cash flow is minimal after refinance ($100-200) and now I live far away and because the home is...

We've officially crossed the 100,000 member milestone here at BiggerPockets!

I just released the 2nd part of our history of BiggerPockets on the BP Blog. Learn how we got here -- please check out the article, leave ...