It seems to me that one of the most subjective numbers when analyzing a deal is the improvement/maintenance costs. I have heard a fair number of horror stories regarding inaccurate budget projections. Obviously these ...

From rising interest rates to rising insurance costs it seems like hits to multifamily operations just won’t stop. Several years ago I said that certain natural disaster areas could potentially become uninsurable. Wel...

Here is a question regarding TITLE SEARCHES and TITLE INSURANCE I've been checking out alot of auctions on www.auctions.comI am wondering, is it safe / smart to do a title search with an online website for 40-60 dolla...

I have been leasing a commercial building for my business for five years.  It's time to renew the lease but the Owner has made overtures that he would consider selling the property to me if I allowed him to owner-fina...

I'm under contract for a duplex that is everything I'm looking for, but my real estate agent and I are somehow just realizing it only has 1 electric/water/gas meter for the two units.My real estate agent is firmly und...

Seller refuses to provide current leases, says it's illegal for her to release those because they hold private information about renters. Really??I'm about to close on an 8-unit mixed-use building under an owner-finan...

Hi Chicago
I got advice from my financial advisor to get an investment property late last year. My wife and I looked at Chicago neighborhoods we liked, and Monday closed on our first multi family. I have been learnin...

I was wondering if anyone has a good letter that introduces a new Property Manager while removing the previous one.  I recently had to remove my PM from some of my properties and I am taking over the PM responsibiliti...

I've tried doing a lot of searching around for an answer to this question, both on BP and just Google searching in general. There's so many questions regarding what CRM that I feel like my question gets drowned in the...

Hi there,My wife recently completed getting her real estate license and is ready to take the next steps to become an agent.  However, she's not interested in being an agent in the traditional sense.  She doesn't want ...