Ben Cohen
Help analayzing my house hack deal!
Hi everyone!After a lot of learning & reading I've made my first offer on a 4 family building in Brooklyn, here are the numbers:Price: 1.28M (FHA 3.5% downpayment = 44.8k, closing costs = 32k -> total money dow...
Sarah Jones
2 names on deed , 1 on mortgage possible?
Im trying to buy a house with my boyfriend, I have a job and will qualify for the loan but i do not have enough downpayment. He will provide the rest of the down payment. We are doing it as a 50/50 deal.
1. I am get...
Rosaria Pipitone
What to look for in a good tenant
I’m really excited to rent the upstairs apartment to my new duplex. I just posted my rental on Zillow and have several viewings scheduled. Anyone have advise or tips on how to further screen tenants prior to the viewi...
Jason Yuan
Section 8 ask me to pay back 5 year rent for $44,000
5 years ago, i advertised my house for rent for $780. a lady said she has a section vouch for $760, but she can pay the difference of $20 from her pocket. so we signed the lease for $780, but she changed the amount to...
Curt Davis
Bird Dogs Please Go Away - Get A Real Job
As a seasoned RE Wholesale Investor there are a few things that get under my skin. One of them are bird dogs. They are not the buyer and have no intention of buying, their main goal is to locate property for a real in...
Christopher Cadenhead
Property management issues
Hi I’m having a problem with my current property manager does anybody know what the consequences of firing current PM before contract is up?
Joey Nakayama
Chicago ADU ordinance
An ordinance was introduced this week to re-legalize the construction of new "accessory dwelling units" on existing Chicago properties. This includes coach houses and basement & attic units, which could be added w...
Steve K.
Tenant thinking that they are Landlords
We are in great state of Pennsylvania and have tenants who have been renting from us for 2+ years. When they initially rented from us, they rented an apartment in a property that I personally owned. Now they are renti...
Ed S.
Direct deposit: is the rent late or on time?
Hello BP,I'm thankful for such a place where I can get experienced advice. Here's my situation. Rent is due on the first and my grace period is 3 days, so on the fourth its late. I haven't had a problem with any of my...
Elaine Freed
Taking the Plunge
I've been looking into ways of getting into real estate by doing short sales with banks as my first avenue to get started. I guess I would be considered a "bird dog." This would be to get me started. The whole fore...