Hello BP Community!I live in Chicago and have had an interest in real estate for many years.Four years ago, my spouse and I purchased a three-flat in the Lincoln Square neighborhood, moved in, rented the other two uni...

Economic Update
(Monday, October 5, 2020)

The economic collapse sparked by the pandemic is triggering the most unequal recession in modern U.S. history, delivering only a mild setback for those at (or near) the...

IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...

Hi all,
I listened to a podcast recently where the guest mentioned investing in real estate in Belize. Pair that with my desire to start over in a tropical destination (I work in IT and can work anywhere) and I start...

I bought a duplex that I want to house hack. We just listed the downstairs unit and I’m getting a lot of people asking if we work with Section 8. Can I legally tell them “No” because of the ‘Choose your neighbor” laws...

As regular readers of this site know there’s plenty of sentiment (and evidence) that we’re headed for some bad times, maybe even some truly TERRIBLE times.

I have two questions:
1) Are you worried and, if so, ho...

Looking to rehab a 1950's rancher, it needs to be rewired due to the old existing knob and tube wiring. It also has original plaster walls in decent condition. I was originally thinking a full gut job in order to make...

Hi Everyone, We bought 3 hotels & motels this year and are quickly ramping up to buy more hotels in this upcoming recession. I started in real estate with househacking (renting rooms in my house out as STR/MTR), t...

Our tenant, without permission, painted original shellac woodwork in her apartment. We are restorers and this was original untouched woodwork in a 90 year old house.We are of course furious; she is non repentant but w...