I've found a property I'm interested in which a 'notice of trustee sale' has been issued and is 'scheduled' to be auctioned in a couple months time.It appears to not be completely repossessed by the lender and the own...
I am an aspiring real estate investor creating a real estate investment plan to aid me in my journey to success. I've decided to start things off with a simple question: What could go wrong?I have wracked my brain com...
I know how horrible it could be dealing with deadbeat tennants, crime, vandalism, evictions, collecting rent, etc.BUT, when $30K buys the whole house, it seems like there could still be opportunites to cashflow, and y...
Dear BP Community, I am buying both units of a duplex, leasing one unit to someone else and living in the other. I’m taking a hardship withdrawal from my 401(k) to fund the purchase. Any comments regarding my decis...
"KITCHEN FRIDGE WILL BE REPLACED WITH STAINLESS STEEL FRIDGE CURRENTLY IN BASEMENT"
Would you think the person selling the house would be required to move this giant fridge to the kitchen or just leave it in ...
I have a question for you landlords out there. On 11/1 I closed on an apartment building. One of the tenants did not pay rent. My intent is not to renew their lease and I have already let them know in writing. I conta...
There's another thread going on about LLC vs. higher liability insurance.
I'm just wondering if any of you have ever been sued by your tenants? If so, what happened?
Some people are setting up an LLC on each house. ...
I am screening a woman and her fiance (mid 40's) who have lived in TX for 4 years. So far the information about landlord history and income is normal. On their applications I ask for drivers license number and state...
I’m looking to purchase rental properties in Englewood, Chicago. And curious to hear from investors already doing so.