Considering a duplex that is 53 years old, has not had plumbing or electric upgrade. Recent inspection provided by seller indicates minor issues with plumbing and makes note of older electric. Needs a new roof (that w...

Hello All,
This is my first post on BP and it comes after I just finished  reading  "How to Invest in Real Estate" by Josh and Brandon. I have narrowed down my potential real estate interests to either house hacking ...

I own homes in another state.   I've leased them out for a number of years and always had the lessee responsible for full maintenance of the property as if they were the homeowner.   The exception to that is I've paid...

Being in South Florida where it's summer 11.5 months of the year it's nice to have ceiling fans to circulate the air in a rental and renters see it as a "plus" although I don't think it's a show stopper.My rentals are...

Can anyone help me with this dilemma? So I have two units, that the electricity for both is under one meter.  How do I proceed to rent out these units? If I pass the electricity costs to the tenants, then I leave the ...

Ok there are late fees and buyout the lease clauses. We even have a fee associated with a citation for our student rentals but what other fines/fees/disincentives can you enforce? I have a tenant , thankfully she ...

I'm looking at rehabbing a legal 4-unit on the north side of Chicago in a class A neighborhood (Lincoln Square / Ravenswood) and the top floor rear egress is in a bedroom, making the bedroom not a legal bedroom but, r...

Good grief, I'm getting freaky good at this for an "average" guy.

You know my theory - that modern liberalism has heavy roots to the eug...

Hello, I’m a new investor in the Chicago area and recently closed on my first househack. For my next deal, I’m interested in a 2 or 3 flat with value add opportunities. While researching properties in the Chicago area...

Here is the kitchen in my 2nd potential rental property.  It's the first, however, that will need some rehab work.  I'd love some feedback:1.  I will definitely replace that countertop.2.  Can those white cabinets be ...