Steve Osowicz
Thoughts on what to do with commercial building.
Hello,I own with a partner a commercial building here in Kentucky that we have done some work on, had an LOI and prelim contract but nothing has come through. It is about 20,000 sq ft with a parking lot and about 1.8 ...
Mark Weinstock
First time landlord learning from my mistakes needing eviction advice in South Florida
This is my first experience as a landlord and really don't think I've handled it well. My first big mistake was I got to friendly with the tenants.Mistake number 2 is the first time they were late with the rent I l...
David Dachtera
Joliet Area REIA
Hello, Folks,I'm looking for others interested in starting up a Joliet-area REIA.Most of the known groups meet up in the western suburbs - Lombard, Elmhurst, Villa Park, even as far out as Crystal Lake. That's a might...
Dale Stevens
Chicago Investment Club Leaders - Feedback needed
So I have been going around and attending many different networking and REI Clubs in the Chicago area. Some I have found useful, others I wouldn't call a club but more an infomercial for the guru pitching a product. S...
Samantha Hopkins
Contractors Who Don't Know / Want To Create Proper Invoices
Hi Everyone,Many of my contractors and subs seem inconvenienced when I request an an invoice from them before I can remit their payment . I am wondering if I can create an invoice where all they would have to do is ...
Nathan Gesner
How are you handling non-paying Tenants?
There are good tenants falling on hard times...and then there are the bad Tenants.When a good renter falls on hard times, they communicate with the Landlord or Property Manager regularly. They seek advice and assistan...
Eric Jones
Tenant Frequently Late But Pays Late Fees - What to Do?
I've had a tenant now for about 4 years and they are all around good tenants and good people. They have really made the house their home and will likely stay for years to come... The issue is they are late on rent... ...
Brian Adams
DTI too high because of Tax Return, not Cash Flow
Hello BPers,
I was hoping someone might have a recommendation for my financing problem.
I am a military investor who buys a house at each post I am stationed at. With a deployment, that has meant I am ...
Devin Woods
401k Loans as Capital for Investing
I was wondering if anyone has had experience using a 401k loan for capital towards buying an investment property? Most company 401k plans (including mine) allow you to take out a loan of up to $50k (or the lesser of 5...
Troy Sheets
Argo update: from 2 flips in 2015 to $12.2m and 45 units in 2017
- In 2015, my partners and I started our company and completed 2 single family flips. The first one we used day labor, handymen, a few licensed subs and lots of our own labor, all financed by personal loans and credit...