Hi all,I’ve noticed it is common practice for investors to buy a property, get rid of the existing tenants, renovate the property, and increase the rent. My question: what is the process of removing tenants and how lo...

Hello BP - I am new to REI with 10 yrs experience. After renting my wife's former house for ten years we are ready to take the plunge and begin investing in Real Estate wholeheartedly.The information I have found on B...

I want to pick your brain for an interesting situation.I lived in Chicago for 11 years. I am currently living in Texas. I bought a single family house in Chicago suburbs via a real estate agent almost a month ago. Aft...

Hi everybody, I am from Texas. I started a 2 year Rental agreement last year. I verbally told the tenant if he keeps up with his payments I will reconsider his rent (rookie mistake) and offer a discount for the 2nd ye...

Dear seasoned multi-family property closers,How did you manage the massive list of to-do items and the many moving parts to buy your first multi-family investment?  Did you have everything lined up and figured out bef...

If I want to buy and hold a property and would like to use private money, how are those deals typically structured? Do private investors want an equity stake? Provide a short-term loan? Long-term loan? Something else?

I have a possibly odd question.. Is it possible for a property to go up for sale, listing removed, upset sale, judicial and then repository? I've located this property and it has a decent amount of value and all of th...

Hi everyone, I had a few questions specifically for Commercial loans. If the bank says they'll finance 80% LTV based on their appraisal, that doesn't mean they'd finance 100% of the deal if I got a low enough offer pr...

My husband foreclosed on a property in Texas and entered a legal battle to remove the borrowers.  The borrowers sued my husband for wrongful foreclosure (but that's another story).During the time my husband *thought* ...

Not sure anyone else has run into this but I wanted to share. The books I've read didn't mention this and its becoming a bit of a pain. It seems many banks simply do not want business accounts with LLCs holding notes....