Craig James Conrad
Lease expiring, couple is splitting up -- Each wants to renew on their own
I lease out a place occupied by an unmarried couple and a young child belonging to one of them. The lease expires in couple months. They are not getting along and one has told me they plan to leave the relationship....
Account Closed
Inherited home - rent back to one of the heirs
My wife and brother-in-law recently inherited their parents house in IL. They are 50/50 beneficiaries of the Trust that the home transferred to upon their mother's passing.
BIL want's to move into the house, but do...
Dalton Dellinger
Raising Rent Because More Tenants Moving In
Hello BP! So I currently have one tenant in the downstairs of my duplex. She is a sophomore college student. Since it is summer she isn't home much, but when class starts back up in the fall, she is going to be moving...
Roger Da Silva
How Can I Profit Off of This Deal
These are the facts that I have about the property. How would you structure this deal in order to make it a win-win for the seller and for myself?bought property in March 2017 - put 20% down150,000 downmortgage 375,00...
Nnabuenyi Anigbogu
Approach to Market Unit and Fill Vacancy in Chicago
Hello all,I am currently in the process of trying to fill a vacancy in my first ever rental unit and i wanted some advice.Unit StatsLocated in Albany Park Neighborhood in Chicago4bd/2bth Duplex with separate living an...
Diane Davis
Purchasing tax sale deeds
If I buy a property at tax sale and go in to start clearing house out what can previous owner do about me removing their personal property? Previous owner says she still lives there!!
Hilde M. L.
Buying for Parents
Hello fellow BP fans,Happy holiday weekend!Parents will not qualify for a loan so we would like to buy home for them. If they are listed as owners or co-owners, loan guaranteed/signed by my husband and myself - will l...
Jill F.
1031 Exchange to property owned by 2 LLC's with different but overlapping membership
I'm hoping some 1031 exchange experts might know if it's possible to defer capital gains in this situation: I want to sell several properties owned by a 3 member (all family) LLC (LLC-A) and sell one property owned b...
Aneury Tamarez
Renting my first apartment
I am in the process of renting my first investment property. What are some good platform where I can advertise my property? What type of questions should I ask potential tenants? Should I do everything included or not...
Michael H.
Raise the rent or remodel?
I purchased 5 duplexes in August. All but 3 units were on month to month leases.
I’ve raised rents on 3 so far because they were ridiculously low.
I have 3 others that I need to raise as well. Two of them need work...