Tim DeFor
Short Term Rent, Long Term Rent or Sell our 20 yr Home?
We refinanced our 20 yr home ($144K/20yr/2.75%) to pull out for down payment on 40 acres and a farm house ($58K on $290K purchase price) plus renovations. (We intend to subdivide the land for 10 additional acreages (3...
Parney Willson
Buying condo with rent stabilized occupant
In New York City, I have seen foreclosed condos under market, but have rent stabilized tenants paying about $800 or similarly ridiculously low rents. My question is if were to buy such a property, what are my rights a...
Bob Floss II
Civil Cases are being postponed (evictions and foreclosures)
The Cook County Circuit Court has made the decision to partially close the circuit court until April 15th. Criminal cases and child custody will remain open and two judges will be on the bench every day to hear emerge...
KeShea' Kluesner
To Brrrr or To Flip... that is the Question!?!?!?
What would you do?? We recently took a chance and decided to invest outside our immediate area in order to secure deals – a potential first flip or affordable rentals with good potential rental income. We have been...
Ryan Bird
Home inspection for rental properties - Landlord Responsibilities
I’m planning to convert my primary residence to a rental property. I’m wondering if I should do a one time full blown home inspection (similar to one during buy/sell) and fix everything prior to renting out. I did it ...
Bret Blackburn
Rehab for a buy and hold
According to BRRRR strategy this home wouldn't work. But I wanted to hear the feedback from the forum. I'd be buying to hold and rentingPurchase Price $145KRehab $25-$30ARV $190KRent $1700I have a lender that will lo...
Tricia O'Brien
Smart to get Pre-Paid Rent from Tenant Applicant ?
I'm thinking about offering a lease to an applicant using a strategy done by a local PM company in my area. I would like everyone's opinion if this seems like a reasonable and/or smart way and/or legal way to handle ...
Logan Lehmkuhl
Help!!!! How to finance
My buisness partner and I are new to real estate investing. We only have 1 rental as of now. We came across a deal where we found out about a motivated seller that wanted to sell off market. She is going through life ...
David Huynh
Poll: Best places to get mortgages (credit union vs. big bank) and best approach to...
Hey BP,FYI - New to posting, so let me know if I can do a search or if this is in the wrong forum section.It seems like a no brainer - What is the best way to get mortgages? Have you found working with a local small c...
Ryan Woodward
Tried numerous attempts without 20% down, but need it in order to get loan. Any suggestions?
Any help is awesome. I have pending a property with 2 separate houses on one parcel. 2 bd, 1bth, & separate garage + 1 bd, 1bth, & sep. garage. Asking $145,000. I have $10,000 in bank, $10,000 in stock market....