Account Closed
COVID - laid off and no rental income
Hello! Seeking help!!
I’m a landlord in Chicago, I work in a hotel and was laid off due to the COVID coronavirus crisis. I also am receiving less and less of my rental payments. My gross income in 2019 of $80,000 doe...
Account Closed
Buying my first REO in a couple weeks. Technical Question.
I understand the "I'm not an attorney" caveat, but I'm going to be purchasing my first REO to fix and flip with a group of trusted guys. My question is thus: I have numerous contacts with local banks, never discussed ...
Deyano M.
Next step? First step!?
So- I have targeted a few properties that would be ideal for my first flip. I have another family member that will be an equal investor with me. We have discussed forming an LLC, but I don't know if it would be necess...
Marc Winter
Eviction ban violates our rights
So it begins. Landlords sue NY Governor Cuomo over eviction moratorium. Finally!
https://therealdeal.com/2020/06/01/landlord-lawsuit-ny-eviction-ban-violates-our-rights/
Bryan Carleton
Thinking about BRRRR but feel bad for agent
I have a property that was meant to be a fix and flip. The reno is done and it’s on the market. 510 Friendship rd, Waldoboro, MaineI think we’re coming up on 2 months and not a single offer. So I’d like to at least ex...
Nathan Braithwaite
Wife is not on board... yet.
I have always liked the idea of rental properties, but always thought it was out of my league. To make money, you must have money mentality. A couple months ago I stumbled onto Bigger Pockets via YouTube. I am hooked....
Marcin Nurek
Broke lease terms on day 1
Back in June I have received a security deposit and in July first month payment for a lease starting on August 1 move in date. On August 1 I was informed by the tenant she is breaking the lease due to some family issu...
S Ng
Question about Real estate agent commission
Looking to purchase properties in Ohio, I'm currently working with an agent but she requested that I pay additional commission to her. Is that normal for real estate agents to charge an additional commission over the ...
Cathy Bui
How to get renovations finances for Rental Property
Hi all,I have a triplex rental property which I do not live in. I wish to do renovations on it. The lenders I've spoken to do not offer HELOC or home equity loans for triplex rental properties. I've only found cash ou...
Jeff Tumbarello
Uncle Ben might get the helicopter out yet?
http://www.bloomberg.com/apps/news?pid=20601068&sid=abINDLzbaE54&refer=home
Dec. 4 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke urged using more taxpayer funds for new efforts to prevent home fore...