Kevin Drouillard
Hiring an Attorney during Turnkey
Hello BP! I'm in the process of buying a turnkey investment property in South Holland, Chicago. I'm halfway through the process. The only thing is, I have not had a lawyer up until this point. This is going to be my f...
Sammy Lyon
Why would a seller pay a buyer’s agent??
I've been thinking about this one a lot as a realtor having to have these convos with my clients, and wanted to break it down with some simple numbers.You may have heard about the new law changes in the real estate in...
Rene Hosman
Ask a MTR professional! Author of 30-Day Stay answers your questions
If you had one question for a professional house Mid-term Rental host, what would it be?? Now is your shot to ask! Zeona is a prolific real estate agent with a ton of knowledge, she has been an Airbnb host since 2012 ...
Sean Cole
Tips for a Successful Relationship with your Wholesaler
This isn't meant to be a defense of wholesalers or wholesaling - some folks have no issue with wholesalers and others think we're all scum. It's ok if you're in the second group - just don't bring any negativity this...
Jesse Mills
Seriously? Banning someone for sending a message to 3 people??
So, I'm a long time REI and just renewed my PRO membership. Then I go to send a message to a handful of local peeps I want to meet and interact with and after 2-3 messages I just got "banned" and can't send anymore m...
Adam Boonzaayer
Structure advise for seller financed wholesale deal
Hey everybody,Here's what's going on: I have a motivated seller who has agreed to seller finance a duplex they own (not owner occupied). Terms of financing are:Purchase Price: $31,500 Down Payment: $1,575 Monthly Inte...
Ray Realdine
Cozy for Rental Applications and Collecting Rent
Hello everyone,I made settlement on my first rental property today and I want to use Cozy as the platform for rental applications and even collecting rent. My question for the BP community is: What do you do if the p...
Becca Summers
Should I sell negative preforming property to buy cash flow?
I currently own a single family residence that does not cash flow. It's negative $85 a month and any repairs come out of my pocket (Home was built in 2006 so repair costs are low). The debate is, we have 20 years left...
Paul Sandhu
What do you do when STR tenants lock themselves out?
3x this week I had to go to an STR and unlock the door. The D.F.'s left the key inside when the left and locked the door. I'm thinking about hiding a front door key around the house in something that is not the mail...
Michael Healy
raising rents equitably
From a legal liability standpoint, should I be concerned about rent parity among tenants in the same property? I have 14 units with inherited tenants. The previous landlord was wildly inconsistent in terms of raising ...