Nadir M.
Tenant running business
Good afternoon Did a yearly walk-through with one of my tenants and I found that he is running a business in my property. This is a clothing and shoe business so nothing illegal to my knowledge. I believe he is runnin...
Ben Tiggelaar
Communication Pre-close with Key Tenant in Retail Acquisition
I'm analyzing a retail building that has a NNN tenant that represents 59% of rental revenue (7,500 out of 15,000 sq ft). This tenant has a 5 year lease with four 5 year options to extend the lease by another 5 years (...
Tom Shi
Past water intrusion in crawlspace and undermining of foundation
I am the buyer under contract of this house (built in 1991), during inspection we find that in the crawlspace there was evidence of past water flooding up to 1/2 foot deep. There is already a trench and sump-pump inst...
Vickiel Woodard
Tenant proof floor coverings? getting the most bang for the buck
Hey BP, I'm in the process of rehabbing a rental and wondered what flooring was best for low income rentals. In my area 3/1 rents for $600-665. The unit had carpet in it previously but I'm going for something more d...
Matthew M.
First Time Buyer in Orland Area - Home and later investment ppty
Hi All,My fiance and I are in the process of looking for a single-family home in the Orland Park, Homer Glen, Tinley Park area. We currently rent and feel like we are wasting money paying $1,800/month for a 1-BR and n...
Thomas Nance
Property Management 101
Hi BP community,I haven't had an eviction yet and have run into a situation. A mom and daughter were on a lease and have shown late payments since I signed them. The mother moved out at the beginning of the month and ...
Alex Chamberlain
Should I Even Stain My New Deck (BRRRR Property)?
Hello!I'm trying to decide whether or not I should hire someone to stain the new deck at my rental property.I recently completed a BRRRR and part of the rehab included completely rebuilding the deck. The new deck was...
Dave Payerchin
What every real estate investor needs in the field...
Hey BP! This is just off the top of my head from my day to day experiences. Please add to this and let's all create the ultimate field list!
Paperwork:
Purchase & Sale agreements - Pro seller &...
Dominic Lucarelli
Help! Need advice on my potential first deal..
Looking at buying an old Post Office next to my parent's house as my very first investment. Listed as a commercial property with a small store front and duplex in the rear. Currently both units are rented, but the sto...
Jeremy Lee
Private loan situation potential to buy & hold
Hey all,Just wanted to get some feedback on a possibility with a current situation I'm in with the condo I'm living in and the arrangement I have with my parents.I currently co-own with my parents (tenants in common) ...