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Hi all, I’m just about to close on a 3 unit property here in Chicago. It needs a bit of work with one unit I will live in and another two to rent out. Both have current leases that will run out in March and then I can...
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When I first started purchasing houses I had a Realtor find me a lot of deals. Once the houses were renovated I had her put the houses up for Lease on MLS. She would have the prospective tenants run a background check...
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Hi BP members, am hoping the brilliant minds here can help me out once again. I did a search in the forum on bookkeeping and only three questions came up on bookkeeping none of which got a reply so here goes the fourt...
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The Long Beach Police have not been able to help with this situation, so I figured I would reach out to see if the BP community could offer some advice for a huge pain I have been dealing with for over 3 years.Here is...
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I have been trying to learn how to do my own title search and for the most part I feel like it is fairly straight forward. But there are a few cases where I kind of am getting stuck and was hoping someone could help m...
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Had a tenant apply. Qualified on income and checks every box. Filled out all forms properly, and communicates very well. Has an eviction on record 6.5 years ago. If they applied 6 mo from now it would have not even sh...
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I just watched a video today about a company called 101 financial. Most of it was basic stuff about how banks make money off our money etc. But there was something very interesting technique the company founder (Alan ...
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I had a sewer line collapse at my rental. The city came out and said it isn't city responsibility. Insurance came out and said it isn't covered. Plumbing company doesn't have a payment plan. All in they want $20k that...
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My current REI goal is to buy and owner-occupy a fourplex. I totally get the numbers. But I still feel confused about the rental market. My big question: WHO would choose to live in a fourplex? Who ARE those guys? (...
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You’ve invested in your first or most recent piece of real estate - congratulations! After the stabilization period that comes with the transfer of ownership of real estate, and starting to execute your business plan,...