Landon Hale
Real Estate Professional Status?
I am looking for some clarity on the REP status. My main source of income is a full time W-2 job with a custom home building company (S-Corp). I am part owner of this company. I also have multiple investments as an LP...
Travis Andres
HELP? End-buyer backed out of assignment
Hi, hoping someone can help answer this challenge...(am I still on the hook or is the end-buyer?)I'd gotten an on-market property under contract, but I found out it had massive foundation issues so I decided to assign...
Hares Najand
Concerns with Property Management in Chicago Area
Hi BP community,
We currently own several Section 8 rental homes in Chicago, Markham, and Country Club Hills, IL, all managed by the same property management company. While they are good communicators, experienced wi...
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
I rent to students around a university. It is mid year and this tenants mom (co-signer) wrote the following note;I am writing to formally request the early termination of my child's lease at location in San Jose due t...
Daniel Gall
I have a plan and the cash but someone close to me is against it
Hello!I am thinking about investing in Real Estate a LOT and I am studying the business by listening to all of the podcasts, reading all of the books out there, analyzing at least one deal a day by trying to figure ou...
Aaron Peterson
Standard Snow Removal on Multi-units
I'm somewhat new to Ohio and I'm looking to buy some duplexes (triplexes and quads). I'm wondering what the standard is for snow removal? With a smaller multi-unit, do tenants expect to remove snow themselves or do t...
Tanya Knickerbocker
To buy or not to buy
I am considering purchasing a property. It is zoned R3 and currently has only one house on it. That house could easily be divided into a three bedroom one bathroom apartment unit and a second unit that is one bedroom...
Account Closed
Is a bank loan the best option for first timers?
My fiance and I are looking to get into real estate, and we are planning as our first step (after making sure our budget can afford it) to get preapproved for a 2nd loan. Our first home is where we live and is mortgag...
Lemont Williams
!?Finding out of state buyers ?!
I’m a wholesaler from Columbus Ohio and when I come across Deals I seem to can’t close on it because I cannot find an end buyer and most buyers wants to flip the property and want large spreads, but what about the s...
Dawn McGill
Financing my first 4-plex.
Would appreciate advice on reserving capitol to buy additional investments. I am under contract for a 4 plex, no rehab needed and it's rented. Typically it's 25% down conventional with about $11k in cloisng costs/pre-...