Hello All,State: ILMy attorney has asked me for provide a testimony under oath for eviction (bench trial).What type of questions will be asked? Not sure if anyone know?I was told the following: "I will need either you...
Which is the better purchase, in terms of the most bank(g) for your buck, Turn Key or Added Value?
First I want to say, HomePro Chesapeake and the inspector did an excellent job. They came out on a holiday weekend within 48 hours of us calling. The inspector was highly knowledgeable and has already gotten the repor...
So, I've been watching the battle in SF a little bit in regards to airbnb and reading the comments on how much tenants hate when neighboring apartments use it to have a constant flow of unknown people coming and go...
Hi all, I have a question and didnt know where else to post this. I have a note from my business partner buying out my share. The note is secured with a first lien against the business, however no property. The sale w...
Hi All, I'm a RE newb to the board and have completed 8 conventional deals in the last 2 years. I just got done reading everything Adam Davis has written on BP regarding Private Money Lenders. Excellent place to sta...
Excuse the rant:This is the second time air bnb had screwed me on damages. First time my place was trashed by some festival goers (puke and urin on beds, beer everywhere) and my maid cleaned up and disposed of the tra...
There is a 6 unit multi-family building in Chicago’s Douglas Park (subpar) neighborhood that advertises a “14%” cap rate as a “guaranteed subsidy.” Aka section 8. It’s also on the MLS. The building is $380k. Fully occ...
When estimating operating expenses using the 50% rule, do you include property taxes and insurance as part of the 50%? Or do you consider that part of the mortgage payment?50% seems kind of high to me without the taxe...
Hello all,
I currently have sufficient income through my small business, good savings, but lack of taxable income and credit due to being self employed (taking deductions) and being 19 (lack of credit history...