My tenants tried to save a few bucks on heating expenses by turning the central heat way down and using space heaters.  When they moved out I eventually discovered that one of my electrical outlets wasn't working.  Th...

This week's Tuesday Tip is for anyone still doing their bookkeeping on a Google Sheet or Excel file. Bookkeeping is an essential function to any real estate investor's business, the reason being is that when done righ...

hello, I am intent on starting a non profit 2nd store, something like the Discovery Center.After talking with a commercial real estate agent, he has informed me I need to come up with a well detailed business plan to ...

Well, independently, two of my tenants (at different properties) have installed TIKI torches in the yard.These are bamboo sticks with a refillable fueled canister.  They are "shoved" into the ground similar to how you...

Hoping to tap BP wisdom. I found an historic 6 bedroom house that seems like a good candidate to convert to small office rental space or a boarding house. What do I need to consider? How do I estimate possible rents a...

Hey Everyone,What does everyone consider to be the most important criteria when evaluating potential multi-family rental properties? You have the big ones like crime, schools, population growth etc..but I'm interested...

Hi All,Wondering if anyone else has seen this. It's an off-market listing with a buyer paid commission of 3%. I'm guessing you can't negotiate that.Has anyone else come across this?Thanks.

Hello! Does anyone know of specific websites for investors to purchase furnishings for properties? Looking for sturdy furniture that won't break the bank, but also where there's an incentive to purchase in bulk and kn...

Hi All,
How and what am I allowed to charge in the way of penalty fees to tenants in Chicago? Our rental is owner-occuipied, so I'm really just thinking about 1) fee for pet that is not on the lease (we allow pet...

I want to know if it is better to wholesale without an llc or wholesale with an llc that was ment for ecommerce.Of course I know I should consult with a lawyer and none of what you all tell me on this forum is conside...