Hi, I have a question regarding refunding the security deposit on long term tenants in Chicago. My husband and I have a property we just bought this year and next year in 2019 we are not re-newing one of the leases so...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/118624/small_1695145942-avatar-jturner77.jpg?twic=v1/output=image&v=2)
Hello:
I have done numerous searches for information pertaining to soliciting/using private money and SEC regulations on BP and other sites and am having a hard time formulating a basic understanding.
I do not want ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/149500/small_1621419555-avatar-bumskii.jpg?twic=v1/output=image&v=2)
What to do first? Open an LLC....secure financing for flips...interview contractors...send out yellow cards, etc. I read so many forums and everyone has a different opinion on what to do first. I'm interested in do...
Asking price $350,000
Fully renovated this year.
Rent $675 per unit = Total $4050 All are 2 bed, 1 bath
Taxes $400 yr current owners numbers
Insurance $2,000yr current own...
I just closed on a property and have a potential buyer for the house. The buyer may be open to purchasing the house now (pre-renovation). If this is the case, how should I proceed with the transaction? I assume I woul...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/283323/small_1621441464-avatar-nicheme.jpg?twic=v1/output=image&v=2)
I have an opportunity to do and 5 year ARM with my bank with 30 year amortization. No Fees for anything as it is Portfolio loan and been banking with them for over 8 years. Bank Manager handling the loan. It is th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/181942/small_1694657334-avatar-tweaver0808.jpg?twic=v1/output=image&v=2)
My husband and I have been presented a 'very good' offer from a gentleman attending our church. He has offered to mentor us getting started in the real estate business, have access to his ample network, and all for a ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/442996/small_1621476866-avatar-markw48.jpg?twic=v1/output=image&v=2)
Hello BP,I searched about 30 pages for this topic before posting to make sure it hasn't been discussed!Need advice on securing a house I purchased 2 weeks ago at a county tax resale auction. I was the winning bidder a...
Hey Folks!
This is my first ever post. I'm from Virginia, just finished reading Brandon Turner's book on Rental Property Investing, just recently joined BiggerPockets, and I'm looking to take a small step to get thin...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/637648/small_1621494374-avatar-chrish2713.jpg?twic=v1/output=image&v=2)
My buddy and I started our own LLC to finance cash purchases of houses to flip. We are working with a local GC under the agreement that the profit from the flip will be split 50/50 with the GC and our company.My quest...