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Hello BP! I just purchased my first live in flip and hired a guy how does floor...and so i thought. I paid 50% and he started the work. During the process i noticed areas that weren't done correctly so i pointed them ...
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Hi all,I wanted to share a process that I just started using to automate my rent receivables. Chase bank offers a service called QuickPay, free to its customers. QuickPay is a process that you and your tenant can use ...
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Hello amazing people!I don't know exactly how to structure a deal with private money lender. I know it can either be in a form of debt or equity. I understand how the equity side works, but if I'm borrowing money in a...
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I am purchasing a new home. 5% of the new home will be my business office. Can I take a tax deduction for 5% of the total home purchase price or any portion of the price paid?
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Please, help me to identify the possible refinancing options for my rental. The problem is that I don't have a regular job at the moment, and I am just managing my only rental property. Will a conventional lender give...
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In Cook County, it is unlawful to deny housing or change the terms of the rental agreement because of an arrest record, juvenile record, or a conviction that has been expunged, sealed, or pardoned.
It also affects ho...
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I’m fairly new to BP and wanted to know what the difference between multiple family unit investing versus passive income investing? I’ve heard both terms used before but wasn’t quite sure if these terms mean the same...
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Hi BP. I have been diligently looking for absentee owners and abandoned properties for wholesaling. I've searched my county's record to find out address for owner of these properties. Some have given address in anothe...
I have a seller that wants me to buy thier house. The ONLY play due to no equity is me buying sub2, which the seller is fine with that. I have bought properties many times with this method so I’m not looking for an ex...
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Greetings from WYI am just starting out in rei. I'm considering living in my next property to avoid a large down payment. Question is, how long would I have to live in the house until I can move out and rent it? Conve...