Lucas Schumann
Youngin in Chicago
Hey everyone,
I'm a business student at the University of Illinois and am thrilled to find a place where first hand real estate knowledge is so abundant! As a college student looking to get into real estate investing...
Sean Cina
Seller Terminated Contract With No Cause
Hey everyone. I currently have a deal in Jersey City that has been under contract for over 6 months due to HOA arrears (which the seller is partially responsible for). I finally found a bank that would do a non conf...
Melissa K.
Buying from a Wholesaler
Hello,I am looking to purchase a fixer upper from a wholesaler, however, most that I speak with say that they don't have inventory or that their houses go in a day or two. Are houses really selling that quickly or is...
Jon Weaver
Increasing rent. Owner occupied duplex
Hey BP,My wife and I recently bought our first investment property as a owner occupied duplex. We moved into one side and the tenants on the other sides lease is up Dec 31 2021. The current rent is about $400/mo lower...
Thomas Ebenhoch
Existing Tenants - Raising rents and leases
I am in the process of buying a triplex that I plan to owner occupy. The house has 2 units rented with the third vacant.The house is being sold by a family trust and I was told by the selling agent that the tenants ha...
Tomeka Wray
Tenant walk through
When do typically do the walk through with your tenant? The day before they move in or the day off. Thanks
John Walter
Protection for owners when selling a note (land Contact)
I Live In Ohio and have a seasoned Land Installment Contract that I want to sell. I received 15% down ($10,000), a year ago with a 12 year pay out. Great buyers. Never Late a day. My problem now is I need to cash o...
Don Young
Legality of language in Ohio lease?
Hello BP,A friend of mine said his long-time landlord recently asked him to sign a new lease. Their rental agreement had been mostly unwritten and verbal up to this point. The landlord only gave him the last page of t...
Charles Kennedy
Partnerships - How to structure
Hey BP,I've got a question about how you all structure partnerships. For example, say I want to partner with an investor. I would assume I would set up an LLC and we would determine ownership %s based on capital contr...
Justin Knighten
Removing a tenant from an existing lease.
I currently have a rental with 2 adults (husband and wife) on the lease. She called me today and stated that they are getting a divorce and that she wants to stay. I inherited them, but she says she makes enough mon...