Is this a deal breaker for you? Is it an automatic disqualified? Or, do you take it on a case-by-case basis?Here's some background info on my situation:Renting out a townhouse in a decent, working-class area, some cri...
I have a tenant in one of my $500/month 1 bedroom apartments that I recently gave a 3 day notice to. Normally she would have gotten it much earlier in the month but she told me at the beginning of the month that she ...
So my lender did a pre approval on me about 4 times and I confirmed with them several times that I would be able to get a loan on a non-owner occupied duplex. Fast forward to 2 weeks before closing (yesterday), my len...
All:So ten years in and now I'm officially a landlord as I just got served with my first lawsuit. It's in magistrate's court and the tenant is asking for her last 6 months in back rent (~5k) as she says she has not be...
At 30 years old, I would consider myself a little bit late to the real estate investing party (although, I'm sure others might disagree). In my 20s, I have been fortunate enough to have decent full-time positions in ...
Hey guys! One of my investors has offered to be a 50% partner and finance the down money for properties and in return they want 100% of the rental cash flow until my half of the down money is paid back. Its basicall...
Hello BP!I saw a very strange SFH listing today. A seller owns this house together with his family member and wants to sell his share (50%) without occupancy rights. The sale price equals to the unpaid mortgage amount...
What do you guys think is the better way to go? To buy and rent to build a great source of passive income or Buy and flip to make great returns but with more work and risk?
I have been listening to a good amount of podcasts on here and it seems to me that most investors who invest in multi family are staying small meaning anywhere from 2-15units. I understand that it depends on each indi...
Hi BP! I'm attempting to solve a challenge. Currently we have 20 units, all needing mowing/lawncare.Currently I have about 6 companies handling this because the units are spread throughout the Chicago suburbs. Althoug...