Elaine Mejia
Buy and hold into fix and flip
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $280,000
Cash invested: $8,500
Sale price: $340,000
4 bed 2 bath 1900sqft, hot tub, was going to be a buy and h...
Ben Lovro
Protecting Yourself: Due Diligence with Your Broker
IntroductionIn the world of real estate, there's a saying: "Buyer beware." It means that when you're buying or selling a property, you need to be cautious and informed. That's where due diligence comes in. But what ex...
Ragnar Lothbrok
Enforceable Lease Terms
Cash for keys is a joke. I understand the utility in it, avoiding the long process of eviction and hassle is preferable. But, this policy basically establishes your lease agreement as unenforceable.If your tenant deci...
John Laney
Will the Aug 17th NAR settlement cause some buyers agents to charge an hourly rate?
For those that don't know the Aug 17th NAR settlement will now REQUIRE realtors sign a contract with their clients PRIOR to showing their first house. While not explicit, the contract is written in such a way to enco...
Emmanuel Rugamba
First time home Owner
Hi everyone I am 26 year old professional athlete looking to buy his first home but also house hack in the process. If Anyone has additional information on the Chicago market right now and some insight Id love to talk.
Shannon Gauthier
Built-in Late Fees as Part of an Illinois Lease
I own one property in the state of Illinois, a single-family home currently being rented. When our tenants renewed their lease, they were having financial issues and, having been there ourselves, we were sympathetic. ...
Paul Fagot
HELP! Best ways to partner with a REI on first flip.
Hello BP community! I've been doing a lot of research and reading about fix n flipping and I've made connections with one of the main flippers in my area and he's a pretty cool and smart guy and has shown me a lot of ...
Mia G.
Denying Tenants Based on Social Media
Can I deny a tenant based on things I find on their social media pages? For example, I visited the Facebook page of one applicant and her most recent post is asking where she can get fake pay stubs made. On another ap...
Jacob Simpson
Lender Interview Guide
Does anyone have an Interview Guide that they use to qualify potential lenders? I've put together the questions below, but I'm open to any and all input. This is primarily focused on residential lending, but I will pr...
Nicholas Lambert
Starting out House Hack in Northern MA
Hello BiggerPockets! After a year of raising capital and taking in as much knowledge as I can, I have finally garnered the courage to begin the property search. Let it be known, I have no idea what I am doing and lear...