Hello, I am a new investor in the Chicago area and am struggling with learning quickbooks and setting it up specifically for managing a rental business. I am not an accountant but I loosely understand how to read fina...

     hey guys i currently like in a rental property with a landlord, and there has been 2 damages to the property. One being the window curtain shade and the other being the toilet seat handle, its been almost a month...

Hey everyone,My upstairs tenant had some leak issues from the attic this past week due to a leaky AC unit. The leak was just resolved, but as a result there are 2 big holes in the ceiling (about 1’x2’). The HVAC guy r...

Can't seem to find this thru search. In researching tax liens for upcoming tax sales - what happens if the property is in a bank foreclosure process that has already begun? property tax liens take precedence over all ...

Hi BP!I need some unbiased advice here.I am looking at a duplex currently in NE Minneapolis, MN. It is an older home built in 1900. Here is the numbers break down. (I have the offer accepted but I have not yet submitt...

I've connected with a few owners who are open to idea of selling their mobile home park in the near future. I'm interested to hear what you all are looking for when meeting them in person. I got the obvious structure ...

Hello, Just want to hear if anybody had made any losses in real estate, how much, what mistake lead them to loss and how did they overcome it and what was the strong point which still kept you doing business in real e...

Hi folks, I recently made the big decision to start my journey in real estate and purchased a 2 unit home in southern California to house hack. It is an older home so there are some deferred maintenance to be done, bu...

Hi all! I am presently under contract for a 2/1 with unfinished basement property located in Morrill, NE. I want to flip the home. It was FSBO for 38k, and I negotiated price to 22k inclusive of past due real estate t...

Looking for a bit of advice on how to handle this situation.  I just bought a duplex a 6 months ago and inherited the upstairs tenant.  Downstairs was vacant, I cleaned up the apartment, screened and screened and got ...