I have been a landlord for 9 years now and I am looking to scale up faster because I am tired of cubicle land. My goal is to be full time investing in two years. I have a duplex that’s free and clear estimated  worth ...

Does anyone know if it is required to have a managing broker's license (in the state of IL) to start a property management company? I figured it would since each real estate company needs its own managing broker, righ...

Any advice or warnings about Auctions?

All,I've been lurking BP for a year now and I think there is ton of information here which, I admit, was overwhelming at the beginning. I'm looking to start doing my first deal and take real action.As a long term obje...

Does anyone have any suggestions or thoughts on partnership agreements/set ups?  I’m providing the finances to purchases RE investments and I want my sister to help me manage them. What’s a fair split? 50:50? 80:20? 

Hi BP!I recently rented one of my units using a leasing agent who was referred to me by a friend. I provided my own lease which specified that first month's rent, last month's rent, and a security deposit were require...

I see an instance where a property has two mortgages, Mortgage A (by Bank A) recorded earlier, and Mortgage B (by Bank B) recorded later.   Mortgage B does not have any subordination language, nor does it indicate HEL...

I have a meeting today with a family friend. He is one of the largest if not the largest real estate people in my area. He owns a real estate company, title company, and a lot of real estate. I am a new investor an...

Hi - I am looking into my first property and was hoping to share the numbers and get some feedback in case I am overseeing something. Also, please feel free to give general opinions as far as what I should be on a ...

Most real estate investors choose hard money loans because they close quicker than bank loans. However, the biggest mistake real estate investors make is in the initial loan submissions to their lenders. By submitting...