Hey everyone,I have a friend who I have been looking to partner with in a three or four flat in Chicago. Cap rate in the areas we wanted to buy are so bad (1 or 2%), even for the add value plays (which I think in Chic...

Hi, BP friendly names and faces :)Long time lurker, first time poster.How often does one have the opportunity to help out a seller without profiting from a sale?SO.. Here's what I did today:I got to make a cash offer....

I dont like renting to people that just recieve social service checks as income for 2 reasons.

1. If you dont work for it you dont take care of it.

2. You cant not garnish social service income.

I live in IL, am single, have several rental properties, have landlord insurance and umbrella policy. I do all the work myself (repairs, upkeep, accounting, screening, approving of tenants etc). The following idea I ...

So as many know the SB1070 was to go into place at 12:01am tonight but the judge just ruled blocking the KEY components of the law.

Law enforcement are not required to make a reasonable attempt to determine immigrat...

I got a contractor that will do free estimates on the properties that I find. now I been reading on here and it seems that buyers don't take that into account when buying a wholesale property. I wanted to make all my ...

Let say you are a buy side agent, and there is an advertising to conduct a 4 hour open house for a seller who sells on his/her own. Let's also assume that you are familiar with the area and have time on this particula...

A couple months ago, I bought a home from HUD, and signed that I intended to occupy the property myself, which I honestly did intend to do. However, due to a variety of reasons, I may have to cancel this move to anoth...

I went to tenant/possession court today.  My goal was to determine if it is a good method of finding disillusioned landlords who would want to sell their properties and get out of being a landlord.  I had some time to...

Hi! I just passed by state exam this past week and I'm hoping there are agents on here who can answer a couple questions I have. Most importantly, I'm not exactly sure where to go from here. I already have in mind a g...