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I closed on May 26th sight unseen (covid viewing limitations) and after inspection of the property I determined that I would need to fix up several parts of the home to make it rentable. Currently, there is no heat or...
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Greetings BP family.
I am gearing up to turn around one of my rentals. Previous tenant notified me that he will be moving out-of-state soon. So I have a bit of time to plan and hone my screening process.
This will b...
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I had gotten into real estate with the intent of acquiring rental properties and didn't have intentions of flipping. As it turns out, last year I sold a rental property that I had owned for about 10 months and the mo...
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Hey all, long story short I bought an off market duplex in KC Missouri through a wholesaler. The wholesaler never gave the title company the tenant leases, so the closing documents didn't include pro-rated rent for th...
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Hello, I have a single member llc and plan to hire my spouse as w2 employee so she can contribute to solo 401k. Right now I have my solo 401k set up at Etrade. I asked me to add my spouse to the plan but they say she ...
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Pretty much described it all in the description above. New to REI. First rental after a very nice rehab in Cook County outside of Chicago. I'm comfortable with screening renters but wondering if anyone out there in...
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As backstory, I am looking into a property in Texas. The property is being offered as a "resale" and has been on the books as such since 2011. Before the county foreclosed on the property the previous owner took out s...
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How scary is it to have an adjustable rate? Could it shoot up to 15% interest like back in the past? I'm getting a 100% financed sba loan for an office building, and their rate is adjustable. There are hefty early pay...
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I am in Illinois. I will allow a single dog of certain breeds and age in most of my rentals. there is an additional $50 a month charge and an additional 600 pet deposit. I have a potential tenant that is interest...
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Hello,I am fairly new to wholesaling and have a few questions on how to start. I have read many forums, and listened to tapes, videos, and audio books. I have a decent understanding but would like to get a little more...