Meryl McElwain
So-anyone still paying rent?
So I'm in Chicago. Two six flats. 8/12 tenants now not paying rent. I've been talking to other landlords and it's the same story. I have two buddies with 60 units between them. They're are mostly 1 bedrooms. Rent is u...
Garhett Langer
The emotional side of foreclosures.
Hey guys,I’ll share more about my first deal and how I found myself here in another post, but I wanted to make a specific post about something that’s been on my mind.I work with a partner (he has the money, I have the...
Jered Sturm
I bought a Freddie Mac OO first look house now Kroger wants to buy it (can I sell legally)
My wife and I just bought a Freddie mac home steps house during the owner occupied period. We closed last thursday. I needed about 3 weeks to paint and do some work to the house before moving in, so we have not yet mo...
Cheyenne Davis
Buying "Subject to" and Seller Wants a Written Guarantee...
Hi all - I'm new here, but have watced and read for a while without jumping in. I'm buying a house sub2 and the seller is asking me for a written guarantee that we will pay his payments. In the past, I've never had to...
Gino Barbaro
What Qualities Do You Look For In A Coach/Mentor
Hi everyone,Many people on BP are seeking a mentor to help them with investing in real estate. My question is what qualities and or skill set do you look for in a mentor. What are you looking to get from the relatio...
Tony Nguyen
How Much Real Estate VS Stock Do You Own?
Hello all,Right now, I currently have all real estate assets and no money in stocks. I met with a financial advisor yesterday, who is a trusted friend-of-a-friend, and suggests I put a chunk of money into tax savings ...
Jose Duque
First deal- Dealing with unsupportive family?
Hey guys,I came here seeking some advice/support on this. I am a new investor who is closing on my very first property (a house hack) within a month. Now the place doesn't look amazing, it needs some cosmetic work, b...
Douglas Curtiss
Dealing with may-saying A__hole relatives
Any ideas in dealing with relatives who mock your plans to invest in real estate?
Scott Pyrcz
Transfer home into LLC
Hi everyone,
I am looking to purchase a piece of property in Philadelphia using a conventional mortgage in my name and later transfer it to a newly formed LLC. A previous post from 2008 states banks won't let you do ...
Daniel Maciag
Advice on living in hood
I am thinking about buying a 3 Unit MF house within 1 hour of train/bus commute to NYC for about 300-400k. The issue is, this is in the hood. I plan on being in and out within 2 years of renovation and renting out eve...