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Are there any Chicago landlords out there familiar with smoke detector code in Illinois/Chicago? My understanding is that all smoke detectors need to be hardwired near each bedroom. I just bought a building and, for...
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I’ve been reading as much as I can on BP and one thing that is highly recommended is the use of an FHA loan to purchase a multi unit property to house hack. When I bought my first home I opted to use the VA loan since...
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Hey everyone I am wanting to transition my rentals over to a Property Management company. The problem is I am having difficult locating them.
The way I have been searching is opening up google maps, entering in my zi...
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hey guys, been reading and lurking for a little while.
My question is and i did search, is it possible to wholesale while out of country on a deployment. I have internet and some limited phone access. Remember I'm...
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We have 4 small rental properties (3 condo units and 1 single family home with minimal landscaping) and we have always managed them ourselves pretty easily. However, we are going overseas for a year and now have to hi...
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I'm in Oklahoma. My mother-in-law fully owns around 30 properties which I and my wife have been leasing and managing for a couple of years after my FIL's death. I was recently told that the laws say that ONLY the ow...
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I would like to get some feedback on the following scenario:
I acquire a property “subject-to†with a retail value of 200,000 for the balance of the existing mortgage which is 160,000 and has a payment of $933 pe...
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Would like some feed back on this scenario. I bought a house Subject to the existing financing from a guy on 6/18/15 his wife called me tonight 12/17/15 saying she is going to get the property back and sell it and h...
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Hi just joined BP because like to start my rental property investment in Toledo and Cleveland area. Max 50k with good ROI and low vacancy. Starting with 200k and another 400k by 3rd quarter and again 400k by end of th...
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What many of us love about real estate is that there is no limit to flexibility and creativity in deal making except for our own limits on education and understanding of structure. The great news is that with time man...