Rick MacGills
How long does the NAR take to approve a membership?
I've applied to become a Realtor through ACAR, my local Realtor branch, and I'd like to know how long it generally takes for them to approve a new member.
Warren Howell
Financing an ADU over garage for a rental
Quick story to get you up to speed. My Wife and I have finally rented our townhome as our first property. We moved into my mother-in-laws walkout basement, not before completely gutting it and adding a kitchen. So we ...
Aaron Hess
Military newbie in Alaska
Hello BP! My name is Aaron Hess and I am in the Army and just got stationed in Alaska. I will be here for the next three years. I am brand new to real estate reading some books and listening to BP podcasts. I am consi...
Nathaniel M Cooper
Sandwich Lease Option on ugly Distressed houses?
Im trying to weigh my options. Had an low ball offer rejected but built some rapport with her on the home. A lease option would be a great solution to her problem since she is not in a hurry to sell bit is stressed, h...
Nicholas Bailey
Chicago, IL - Basement Remodel, Rework of HVAC and Water Heating
We recently purchased a three-unit rental property.We want to do some renovation work immediately, and plan to conduct more extensive renovations on the property over the coming years.Currently, the water heater and t...
Michael McIntosh
Best way to setup a company?
Hi all,
I will hopefully be purchasing my first rental property next week in Pontiac, MI and I’m looking for suggestions on how, or if, I should create a company. I’ve read a lot on real estate investing but I’m stil...
Alfred Litton
Paying Taxes with LLC if You Don't Want to Take Profits Out
So my wife and I created an LLC with an EIN and are about to fund a company bank account with our savings. It's a multi-member LLC, and I know we have to pay taxes on the profits (minus allowable deductions for the bu...
Hung Vu
New Member from Chicago, IL
Hello everyone,My name is Hung Vu, i was raised in the Uptown neighborhood most of my life. Married now to my lovely wife for the past 6 years. We have 2 kids, 3 yo and 11 mth and currently reside in Morton Grove an...
Phoebe King
Anybody using Gerald Romine's expensive software?
I listened in on a "Webinar" this evening that turned out to be some guy I'd never heard of hawking his $2,000 software package that is supposed to "systematize" deal analyses, making offers, and lots of deal structur...
Sean Dezoysa
Good "out clauses" for a lease option buyer?
Hi; I am planning on creating a lease option with a seller that lists me as the leasee. This contract will then be assigned to a tenant buyer. My worst case scenario is that I can not find a tenant buyer for whatever ...