Hello experts,I lent money to a borrower to buy a property in Chicago. But he stopped interest payments after few months and didn't pay anything after loan maturity.  I then engaged an attorney to proceed with foreclo...

I've bought a couple foreclosures on the courthouse steps and so far I've done ok doing my own title research. One thing I'm not exactly clear about is bankruptcy. I know you're supposed to check that and I know the r...

Hi All -

I am purchasing an a duplex through an LLC that will have 3-4 members in it (I will be managing the property and LLC). I know the basics in terms of how this impacts taxes (flows through to personal ...

I am just getting started I have rented before I have one piece of real estate that I am trying to rent now I want to buy an apartment complex and keep building my portfolio. I just need a little bit of advice on prot...

Tried to find the best place for this post, apologize if I missed it.I'm looking into Quickbooks for bookkeeping for my rental properties. The main choice is between online and desktop software. The online is a monthl...

Just wanted to see what everybody's favorite smart phone is and why. What about it makes your life easier? How do you use it to be more efficient? Are there any apps you recommend?

I had a Blackberry Storm, but hat...

Hi All,Loaded subject line, but here goes...I'm a licensed Illinois Realtor (about 2 years experience) in the Metro East just outside St. Louis, and I'm just about ready (after much paralysis by analysis) to begin inv...

I’m a real estate agent and have been approached by a neighbor who is in the very last stage of foreclosure (within the month). We are meeting with them tomorrow to discuss and view their home. At this point we couldn...

Many believe and advocate that filing a homeowners insurance claim will lead to higher rates, discouraging claims altogether. This subjective and heavily pushed idea seems driven by a real sense of fear. I mean, why p...

I have 2 rental properties. When using quickbooks do you normally set up separate accounts for each rental property, or use one file and have accounts for each (Such as insurance, the sub-accounts for each property?Th...