I'm a complete novice at commercial real estate but jumped in head first. I now own a property in Florida that was a payless shoe store in a very busy area. After I bought it I was contacted by a number of brokers loo...

Here is my situation; 70 year old Tenant(s) has been renting for past 16 months . One year lease which turned into a month to month. Received a call from neighbors of Tenant, that wife passed away... inside house and ...

Had dinner one night last week with another guy who has had rentals for about 15 years and naturally the topic turned to deadbeats and why it's not their fault that they don't have the rent. The following is a compila...

Pursing a first-time home purchase and FI (financial independence) seems not possible from my position. Do you agree? What am I not considering? Should I change my risk-tolerance in order to pursue both goals? Any gui...

I'm in the process of buying my first rental property in Lincoln Park and in a sticky situation.  The owner claimed it was zoned as a 3 flat, but the zoning certificate came in as a 2 flat a few days before closing.  ...

With the interest rates going up, we're basically starting to move into another bust cycle. And so we're coming out of a boom period where a lot of money has been printed, lent into the economy. Plus we had the lockdo...

With all of the economic chaos and so many struggling, how are you, as small business owners, making changes to your businesses to ride the tide?

My 2009 business cut back plan is simple...
1- My lease ran out on my ...

Hi BPs!I need your feedback on this.  So I've applied for a mortgage loan.  The investment property is in Illinois, a 3/2 house.  It appears that I've passed all the requirements from the underwriter except for one th...

I would like to learn more about the use of an IRA for the purchase of buy and hold properties. Are these properties held in an LLC that your own or in your personal name? Can you use these funds for any property, whe...

Hi, I'm new here and have been reading through the threads. I found bits and pieces in relation to answering my question, but hoped I could ask the question here related to my individual situation.

The contra...