Mil Sanghvi
WHAT TO DO WHEN A TENANT SIGNS A LEASE AND WANTS TO CANCEL IT IN 5 DAYS?
Hi,A tenant looks at the place while it was in move in move out clean up. She signs a one year lease on July 11th and the move in date was set for July 17th. She gave me $500 cash at lease signing $366 for pro rated J...
Account Closed
Most Millennials regret buying a home
One of biggest issues I’ve personally had with Real Estate in general is the very large up front costs, arduous process and illiquidity involved in it. So many R.E. Owners and agents constantly say this property is wo...
Andrii Okipnyi
3-4 unit building utility bills in Chicago
Hello community of Chicago!Please share your experienceWhat would typical water/garbage/gas bills look like for 3-4 unit multi family building in Chicago / Cook County / Illinois? Thank you for your time!
Alex Gorges
Looking to do hard money on my next flip how to go about it?
Just completed my first flip, and it sold in 2 days! My uncle was the finance guy putting up the 20% down, covering the rehab costs and holding. I did 100% of the work myself took about 12 weeks to rehab. The drawback...
Erin M.
A Little Skin in the Game?
Hello, I've always been a stock market investor and am trying to educate myself on real estate as an option to diversify my investments. My initial thought was that I'd like to have '5 doors' to buy and hold with the ...
Jonathan Rivera
14 days, my small steps towards RE Investing
I'm not hear to impress anyone, but to let you in on how I started getting all of this done in such little time. It was after I got excited about BP that I turn to my girlfriend to tell her about it and she seemed ind...
Ryan Urban
First Deal(s) Done
Well, I've officially joined the ranks of stressed out landlords!
To make things as complicated as I possibly could, I purchased my first two properties at once. I feel lucky I survived the last couple of weeks. De...
Bradley A.
3-Flat repipe, galvanized to copper. Increased value?
Looking for insight on whether or not repiping our Chicago three flat from galvanized to copper (PEX isn’t allowed) will add any significant resale value.Repiping is on our less urgent list of necessary maintenance it...
Stefan Augustyniak
Owner of Short Sale Property Has Stopped Answering My Calls
About a month ago, the owner of a distressed property called me from a yellow letter I had mailed to her and asked me to buy her property. After our conversation, she agreed to let me handle her short sale (A Lis Pen...
Jonathan Smith
Insulation in flips
I have a flip which has about four inches of insulation in the attics. In flips do you typically add insulation as a selling point. Not sure if the return would be there for this activity and was wondering to do it o...