Hey everyone,I have a friend who I have been looking to partner with in a three or four flat in Chicago. Cap rate in the areas we wanted to buy are so bad (1 or 2%), even for the add value plays (which I think in Chic...
Fellow Investors: After six (6) years of renting out properties, I still haven't yet figured out the best way to mitigate those tenants who fail to keep an eye out for the occasional leaky toilet flapper for which som...
Shock, Anger, Denial, Depression, and Acceptance…These are the 5 stages people go through during a traumatic event.About 2 years ago, I had my traumatic event when a family member’s health took a serious turn for the ...
In 2012 we hired a management company to manage one of our out of area properties in Illinois. What initially looked like a great match turned out to be a disaster, and we had to terminate the company after just one m...
So, my wife and I have run into an investing dilemma that we'd like to ask for some help on.
What are your thoughts on buying a house where we 1) have never seen the house and 2) have never been to the city? We woul...
Hey BP. Back for another analysis question! We own a townhouse that we lived in for a year. We were robbed by our neighbors, which sucks because it was/is a nicer neighborhood, but they are all drugged up and decided ...
My awful tenants in Hawaii have had a last-minute drama. Over the past 4 months they have incurred numerous HOA violations, the police breaking up fights about 2-3 times a week, flooding of my kitchen causing $6,000 o...
In another thread (https://www.biggerpockets.com/forums/52/topics/707296-what-does-your-lease-say-about-modifications-to-the-property) I asked what your lease says about modifications.@Cassi Justiz responded "My lease...
Hello all,I've been looking at notes as an investing strategy for about a year now, I'll hopefully be pulling the trigger on my first purchase in the next few months. Very frequently we learn that the reality of some...
There are good tenants falling on hard times...and then there are the bad Tenants.When a good renter falls on hard times, they communicate with the Landlord or Property Manager regularly. They seek advice and assistan...