Zach Norton
How Would You Finance This Duplex?
Hello BP,I have purchased two BRRRR properties this year using personal LOCs through my lender. Both homes were purchased with cash and most of the renovations were paid out of pocket. Both are doing well and are rent...
Peter Walker
Terminally ill tenant
I have a 92 year old tenant that has cancer. He has lived at my rental townhouse for two years and has been a great tenant, checks on time etc. his cancer is aggressive and I’m afraid his time is a matter of months. ...
Kim Livingstone
Discussing issues with a renter
I am looking for a little insight on the appropriate words to use when talking to a renter who could be breaking the terms of a lease. These may include having a guest stay longer than the lease terms state, having lo...
Dustin Horner
Paying Back Private Money
Hello everyone,I am curious about paying a private money lender back on a larger buy and hold purchase. I know (roughly) how it paying back a private money lender would work for a fix and flip or even BRRR, but how wo...
Jason K
How to Raise Rent
I bought a commercial office building about 1 year ago. It needed serious updating when I bought it - fresh paint, remodel bathrooms, remodel shared common kitchen, new carpet in some offices, tiled front entry, and ...
Deanna McCormick
Lease termination notice who should give at time of sale/Seller??
At the time of signing purchase agreement should the seller agree to give notice to vacate to his current month to month tenants,, or should it be the buyers responsibility once they take over the property.I would lik...
Jake Loviska
Buying murder house at trustee/sheriff auction or prior
So my wife and I are new to real estate in general, both from an investing and personal home standpoint. We have come across an interesting house due to the fact that my aunt and uncle live across the street. In June ...
Frank S.
Information on Chicago and Cook County Research Websites
Hi all, I hope this helps neophytes like me to facilitate the (required) research when buying properties in Chicago.It helps you know who you are dealing with. I found this info through pure elbow grease. Find the De...
Henry Clark
Self Storage- Broad discussion on Finance
STORAGE
FINANCING FOR PROSPECTIVE AND CURRENT OWNERS
Just
finishing our financing on our latest location phase 1 (phase 1-230/ 2-200/ 3-200). Below are some
thoughts in general on Storage financing. Basic for...
Philip Klinck
For you to buy from a wholesaler.....
If you were to buy from a wholesaler what would the deal need to look like.
I ask because I have a seller that inherited the house. Homes like it are selling in the area from 45-85. The seller wants 25k. Needs a ful...