Zach Fox
My First Eviction! Help! I need some perspective.
I'll try to provide a quick summary. Tenant fell behind 2 months rent, so I started the eviction process in May. The property is in Hoffman Estates, IL. The tenant avoided being "served" by the sheriff, so we served b...
Jacob St. Martin
How much should I get as a wholesale fee for a $4 million deal?
Hello everyone,I am a real estate investor near charlottesville va, and do not specifically focus on wholesaling but will occasionally wholesale something if I think it is a good deal but doesn't work for me. I found ...
Andy Gross
What makes an Investor Friendly Broker?
We have all heard the term "investor friendly" realtor/agent, and I know there is tons of good information on BP about what makes an agent investor friendly. But what makes a broker investor friendly? If you're an inv...
Tom Anderson
Help with form 1065 schedule L
Started LLC in Nov 222 member unrelated LLC deposited 24k into business bank account and 12/1/22 bought first property and year end balance is $2402 ( all expense were downpayment which included closing costs and ban...
Billy Cha
Portland Schedule R? Registering rental property
My wife and I acquired our first rental property this past August 2020. The property is a multiplex and we are currently house hacking. It was tough to take the leap but we have talked about investing for so long we f...
Coy Pence
Becoming an agent
I have decided that to make steps forward into getting my real estate license I have found a mentor who happens to own his own brokerage. How can I build a clientele list for people who like all kinds of properties. I...
Anthony J Cappetto
Legal question about using a POF "template bank statement"
Hello,My fiancée and I have been researching and learning the business of house flipping/rehabbing since Sep 2021. We heard of a program which uses other people's money OPM (I will keep nameless and call Program A) an...
Mandy McAllister
Problem rental
My husband and I have two rentals- my former residence, a condo in the city of Chicago, and his, a SFH in a B/B- western suburb. My condo cash flows $550 per month, we lose about $50 with his.
I need your advice on ...
Cameron Riley
Someone Shoot Me Straight! Please!!
- The way I usually conduct my terms, varies from house to house. For address 123 Funny Lane.... I might charge a 250.00 MOVE in fee, With a 1k Security Deposit. For address 356 Cool Lane... I may charge a 100.00 move...
Suzanne O'Brien
Do I have a problem tenant or am I just being paranoid?
Hi All! I'm new to being a landlord. Used a realtor friend of my husbands and picked a tenant that came recommended by the realtor. He did fill out an application provide all of the necessary paperwork and reference...