BP Community--Happy Thanksgiving!I am about to close on a property in Chicago (in two weeks). I just asked my lender if there are any issues with purchasing the property via land trust. He researched guidelines for co...

Looking to buy a piece of raw land in California. It is a really nice parcel that I really want to find a way to make it happen. Title company has issue with the title transfer from the sellers relative who grant deed...

I recently just purchased my fist rental duplex and I currently have two tenants residing in both units. I'm having trouble with one of my tenants not paying, the rent is $800 and not communicating properly with me ab...

Hello everyone!I need some suggestions on handling a property manager dishonest practices and embezzlement. After a detail review of last year's statements issued by the property management agency  in control of my 8 ...

All,

I have a deal under contract with a private seller and am scheduled to close in 2 weeks.
Contact price is 80k
After repair value is 175k

I have earnest money in escrow and have a title commitment from my title ...

I’ve been wholesaling properties for almost five years and it is wholesalers I’m about to tell you about that give wholesalers a bad name, and as you’ll see, agents too. I'll cut to the chase...
July 7th, 2020; I ent...

Hi all,I bought a 1925 duplex on Metropolitan next to "the green store."  It's in the Adair Park Historic District.  After a car crashed into the front of it, I decided to try to lump all exterior changes I might want...

I bought several properties this year and I'm trying to figure out how to get the highest depreciation deduction possible. I do my taxes myself and plan to continue to do so.

The value of the land, according to the ...

In 2016 I did a 1031 exchange and I'm trying to figure out the depreciation for the replacement property.This is the information I found when doing some research:http://www.1031.us/PDF/Depreciationof1031.pdfLet’s say ...

We just entered into a contract to purchase an REO in a neighboring county. I found the property myself and contacted the listing agent directly. Apparently, she's a teammate with another agent who she assigned as my ...