Margaret Dreesen
Curious as to what to do as a landlord
I am a newbie at being a landlord. My late husband and I had a small studio on the Chicago Gold Coast. My tenant fell over his own cane and then called 911 in the middle of the night. The fire dept used crowbars to...
Teke Wiggin
Short-term rental funds?
Have you ever heard of short-term rental funds? These funds would pool money from investors, buy and convert homes into short-term rentals and then return rental revenue to the investors. Any idea how they might be st...
Andrew Herrig
Help! Tenant wants me to pay hospital bills
For legal implications, this occurred in Texas (Dallas to be specific). I know laws vary by location.About 4 months ago, we had a bad rainstorm and water seeped into the bathroom through foundation due to poor drainag...
Paul Passafiume
Kentucky Evictions and expertise with lawyers and the KRS codes
Can someone walk me through your last KY eviction? We have communication via text...she was supposed to pay last week. I should have posted the notice to quit sooner but it got posted yesterday stating she owes me $8...
Tami Brooks
Reverse Mortgage
Hello! Recently I made contact with a property owner I had been searching for quite some time now. The property is vacant with almost 20k in delinquent taxes (in tax sell status). She is in the hospital recovering ...
Aalok Patel
How to move into resort development
Hello BP Users!I am fairly new to the real estate world, but I've been extremely interested in all aspects of development for resorts and other resort-style properties (second homes, vacation homes, resort-style MF, e...
Arthur Lau
Tenants dog causes injury.
Hi, so my tenant's girlfriend's dog got out of the apartment and barked and scared a lady outside in the hallway. She fell and had to be hospitalized. I have received a notice that she has hired a lawyer to represent...
Derek Earl Burington
Looking for advice on financing and rental advertising
Ok, so I'm up against a wall here. This is the first time in my career that I've been in this position. I have some hurdles to cross and I'm looking for some input.
Hurdles:
* I have 6, maybe 7 units to fill in the ...
Derrick Thomas
Need Help On Mortgages And Putting Money Down
Hey guys just joined the community! I don't have a heavy finance background (nurse/bio background) so I've been pretty confused when it comes to using mortgages for real estate investment. Is 20% always required or is...
Christopher Busken
Medical office space in San Antonio
Investment Info:
Office Space commercial investment investment in San Antonio.Purchase price: $900,000
Cash invested: $67,500
Sale price: $2,300,000
My business partner and I bought the building with...