I recently bought two SFR's in the joliet illinois area. Now that the rehab is almost done, I am looking into getting a loan on the properties to obtain cash for a new investment. The few traditional lenders I have sp...

Hi all, new to BP and I fully own one rental with a tenant in place, with another SFR purchase in process that's being partly funded by a HELOC from my primary residence. My plan was to pay for most of the property in...

I can't tell you how many times I've heard "I'm either on the other line or helping clients".

Really? Your life consists of nothing besides being on the phone, or helping clients? Perhaps sometimes even helping cli...

My parents titled a triplex to me in 2013 via quitclaim deed. The triplex was initially purchased as a single family home and converted to a triplex. My insurance broker is warning me that if I go to a landlord policy...

Hi All!So I'm coming up on my closing date for my first ever rental property, and currently looking for property managers. I was referred to this one by a trusted friend that has a couple dozen units in the area. I ha...

Hi All,
This is my first post, I appreciated any feedback and/or advice. I am considering listing my 3 family investment for sale. I have met with 3 realtors and their CMA's indicate a value of around 450K(Cap rat...

If purchasing properties off the MLS seems to be the next logical step for you- then you need to network and find an INVESTOR FRIENDLY agent. I emphasize investor friendly because you need to work with someone who un...

I have had a few of part-time assistants in the past few years. All moved on to full-time jobs. My current asssitant obtained a full-time job and can only work 1 day a week. This is fine for bill-paying, filing, ec...

Ive seen it mentioned here on BP that investors should not pay contractors "retail" pricing on rehabs? I'm interested in hearing the rationale for that. As an investor, are you getting special pricing from your contra...

Dear BP,

Firstly, I would like to share that I am doing my best to learn and don't want to give the impression, as sometimes is the case, that I have not tried to find the answers.

I have my HELOC approved. I have...