Matthew Grebeta
Let me know what you think
Alright guys let me know what you think. This is a property in a flood zone (AE) 1st question: that will make or break it. Can you rent out an apartment downstairs if it is legally within the BFE. This is a 3/2 upstai...
Chris Reyes
Tenant W/O lease Refuses to leave
Hello BP,One of my friend and her husband have a big dilemma. They own a rental property and have decided to sell the property in the next couple of months. They need time to get it ready to sell it but the renters re...
Daniel Forero Pineda
Househacking a private room with bathroom
Hey all!I live in Westchester County, NY, and I am considering taking a room in the corner of my house on the first floor and turning it into a rental.The infrastructure is already in place where I would only have to ...
Elyssa Serrilli
How to run a Tenant Check as the Landlord
I'm having *several problems* with my current tenant, including suspected illegal activity. I did not run a background check (credit check, evictions record, criminal records check) before she moved in, and now I am ...
Marcele Johnson
Getting a 203k for brrrr
Hi I was wondering if I have an fha loan already if I wanted to do a brrrr deal next year can I use a 203k loan or is hard money better or only option?
James McCormick
Business Plan Advice
So I'm trying to find my end goal and wanted to see if I was on track or not. My plan currently is to get 40 units that on average get $200 of cash flow per month. Once I get there I would shift my focus to holding f...
Mark Hu
May rent our condo, how should I approach the HOA?
I've lived in this HOA for 2 years, and have had a generally good relationship with the board members. We are thinking of buying a house and may rent out our present condo. How do you think I should approach the ho...
Colin G.
Georgia HOA Rental Cap
Hello BPMy partner is encountering some issues with the HOA at a property he inherited in 2012. The property declaration sets a rental cap of 20% with rental privileges granted by the board for board-specified duratio...
Nick Vehr
Owner financing, should I go all in on it??
Ok, some may laugh at how small this sounds, but hey, it doesn't matter if you're all in for 20 bucks or all in for 200k, all in is all in....anyways..I have recently been direct mailing and came across a guy who is l...
Nico Howard
Electricians & Code Violations
Hey All, Hope you're all doing well. In a few words, here's my story. I recently purchased a three-flat on the near west side of Chicago. Our inspection uncovered that the smoke detectors were battery powered. After t...