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Hello guys, I am in bit of a bother and cannot decide what to do. Here is the situation.I have a rental property which used to be my primary residence, I bought this property back in 2006 when prices in my area were t...
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I had (have) a problematic tenant, who was late and trying to pull lines to get rent paid half now half when I have it type of deal. I took everyone's advice and said no, served her a 5 day notice, and from then on fo...
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Hi,Most Chicago landlords probably heard of the jury demand tactic that tenants use to delay the eviction cases. I had one many years ago and luckily the rent was paid by the third party in the end. The case was dismi...
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Hello,I am seeking feedback and advice on how to fairly negotiate equity with a GC for a specific project. My role is the Developer. My goal is to:1) Make an equity offer to GC based on Fair Market Value of property2...
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Hello BP,
I had a problem tenant who always paid late and whom I had to evict. In the lease it says she is responsible for any lawyer fees in the case I have to sue or evict her. I did take out the 550.00 to evict her...
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Hi BP!This is my first post, hoping for some help from the community! I’m making the leap into Real Estate investment and have started talking to lenders to find the best fit for my first investment, a multi-family th...
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Working to close my first deal. It's a nice property that can be sold to a retail buyer. Owner is 3 months past due, on the verge of foreclosure (lending company is holding off foreclosure because of our agreement t...
so i want to finally get a name and llc all set up for my business so i can legally be called a business and pay taxes to those lovely irs people :)anyways, wanted to know if there are any ways that are better than an...
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Hello! Can someone help evaluate a deal for me?
Purchase Price: $295K Improvements: $10K in bathroom reno Closing Costs: $5KDown payment: 20%Interest Rate: 2.75%1 unit and renting at $1800Vacancy Rate: maybe 5%Prope...
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Hi all, I hope someone can help me since I've been watching Brandon's Webinars on buying multiple properties and I can't find the solution to this problem I've encountered. So currently I have one property (bought in ...