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Birddog legality question :: brokering?
I have found a significant amount of info that leads me to believe that birddogging is not really legal since it brings buyers and sellers together. Doing that is highly regulated, and would be the equivalent of contr...
Ryan Daniel Palmer
Tenant consistently late on late on rent, no sec deposit
I own a three-unit in Chicago which has strict regulations about accepting security deposits therefore I've recently started doing non-refundable move-in fees as most landlords do here. I have a tenant that was great ...
Andy Chen
Time to find a new PM
Dear BP, I inherited a PM when I bought my turnkey rental last year. Since the beginning, there was not any conversation or update initiated by the PM and I always had to track him down after I noticed an issue. M...
Jessica Hall
Sold my first home but received additional dox after fnl closing
Greetings, I recently sold my first home last week using a realtor. The paperwork was completed, signed, notarized by both parties and I receive my wire transfer on Monday as the closing was on a Friday after hours. F...
Jennie Berger
Easy Permits in Chicago | Rough Inspections Required? Or not?
I'll admit, I'm totally confused about easy permits and the required inspections. It was our understanding, per 2 different professionals (an architect & licensed GC), that we do NOT need rough inspections when do...
Nina Ibrahimbegovic
Need help- appraisal came back as C-5
Hello everyone, I am under contract for a HUD property and the appraisal came back as C-5 (not financeable). Since this is a HUD property they won't do any repairs. Does anyone have any advice for me please.. getting ...
Zana Blue
Tenants Keep Calling AC Company Directly
Tenants moved in and in first month called me to complain about the air conditioner. I sent out the AC guy and he repaired it. Second month the tenants call the AC guy directly and he goes there and repairs it and the...
Bukka Levy
Turn Key. Why all the hate?
Not my first post about buying out of state but I am perplexed. Why all the hate towards “turn key”? To be more direct, if it meets the bigger pockets guidelines/numbers, what’s the problem?And if you can resist, thi...
Kim Stuart
Increasing rent for rental properties
Hi allQuestion for those of you with experience on choosing rental properties to invest in. As I am looking through the list of properties my agent has provided me, I have noticed that there are a lot of properties o...
Josh Saul
Replace your mortgage with a HELOC
Hey Folks,I've been looking into the concept of replacing our home mortgage with a fixed rate HELOC as described on sites like Replaceyourmortgage.com. They want about $2000-2500 for their coaching and information. ...