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I have an accepted offer for a bank short sale in the SW suburbs of Chicago. When I initially made the offer I put in the financing conditions based on my pre approval. Which is with a 25% down payment. While I was wa...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $300,000
Cash invested: $30,000
In February 2022, I purchased a single-family home in Tucson that I am using for sh...
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I had a showing yesterday and the perspective tenant offered to pay all 6 months up front he "really needed somewhere to live".
However he turned in his app with no past landlords for reference. Said he has l...
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How’s everyone doing? I have a property in Ohio I’m looking to put under contract but just heard from another source that assignment contracts in Ohio and Illinois is somewhere along the lines illegal?? Can anyone v...
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How do I go about firing my PM? Long story short I'm the owner of a property managed by a PM co. We've had the same tenants for the entire time, roughly 4 years. For the last year or so we've had issues with our PM an...
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Yes, I have questions. My LLC is in Wyoming I live in California. I did a private money loan in my Company's name to a couple in Oklahoma. Without going into all the particulars, a promissory not was signed for a shor...
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I have a very nice, quaint 1400 sq foot home in Tucson AZ (area of Sabino Canyon Road and Tanque Verde road). it's in a quiet gated community. I am moving up the street and would like to hang onto this house and use...
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I want to make sure that I select the right legal entity for my business. I know that for active ordinary income (example: flips) I should do an LLC taxed as an S corp and for passive income (example: rentals) I sh...
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Hello BP friends. I'm posting for some advice. I entered into a contract with a property manager.. long story short (if you want more details just ask) my PM terminated the contract via text. PM words "You are release...
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I have some properties in mind that I think would work well (both short and long-term) but I don't have money for down payments. Advice on getting started? Two properties already have tenants and the other has a stron...