This deal started in July 2016 and required a lot of moving parts. Here is the back story on the property in question. The previous owner purchased the property for $132K in 2005. He had some financial problems dur...

Hello BP community,

I'm wondering, for those of you who are deep into the world or REI, what are you hoping for when you meet a newbie?

In my experience, the best relationships are one of give and take. Being so new...

Hi, I'm looking on some advice for my next step. In October of 2016 I bought a 4-5 unit building for $655K in Chicago (5% down). This is legally a 4 unit building, we have restored it to 4 units, but it has a mega uni...

I'm considering a self-directed IRA but have a few questions.

First, If I purchase a house outright how do I calculate ROI? Is it simply (Monthly Income - Expenses) * 12 / Purchase Price?

Second, since I pay Taxes,...

I have a tenant who I found had recently acquired a dog without asking (this is the third time).  I agreed to allow the German Shepherd with a $200.00 pet deposit which she partially paid.   I was then given a letter ...

Deciding when to sell a rental property can be one of your most challenging decisions. The problem is that real estate markets are constantly changing. Selling a rental property too soon could mean missing out on a pr...

Is it possible to manage an out-of-state short term rental without a property manager?   I don't want to spend a lot of $$ in property management.  What are the challenges and how do I overcome those challenges?   Any...

I just received a text from one of my tenants and I need to know how to respond!She said, “Any chance you have someone wanting to rent? I wish I taken the 6 mo instead of 18. Things change so much. I’m starting a new ...

I received an email from a local apartment broker saying in our State rent collection is down about 5%.  For myself this has not been the case I am at 100% which I have been through out the COVID situation.  I still h...

Curious if anyone has any experience with this turn key investment company? Thank you!