Hi BP Folks,So I am currently in the process of purchasing my first rental property via Land Contract, and would be so grateful for any advice I could get!Here's the scenario:3 unit property1800 SFBuilt in 1935List pr...

My wife and I are strongly considering moving away to a warmer, more tax friendly and most importantly, more opportunity driven market.  This is no small decision, considering we have two young children and I have est...

I'm still in the beginning stages of analyzing properties and learning what is a great investment opportunity and what should be avoided. My realtor sent me an updated listing for a property that we've been monito...

IS WHOLESALING ILLEGAL IN ILLINOIS?The Real Estate License Act of 2000, 225 ILCS 454/1-1, et seq., and its accompanyingregulations, 68 Ill.Admin. Code pt. 1450, govern the business of real estate brokerage in Illinois...

A new colleague of mine here on BP has asked me some questions via PM and I thought it was best to present his questions and my answers in the public forum for all to benefit from. This will also give him and others t...

Hi all,This is actually a 2 part question for fellow foreclosure investors:1. Mortgage PayoffHas anyone found a way (or pay-service) to obtain a CURRENT mortgage payoff for mortgage/note WITHOUT owners authorization? ...

Where can I find reliable source of homes on the market for wholesale deals?

I'm looking at this building, ARV (though I plan to hold) is 750k, needs 100k at least (150k pessimistic est), and the seller is down to 425k (mortgage is 410k which I will assume, though I will have to pay back some ...

I'm fairly new to real estate investment and I have one rental property thus far. I've had some property management nightmares. I recently found a new property manager who seemed to be a lot better than my previous ...

Hey guys, need some advice:

I am looking into rehabbing for buy and hold deals on houses. I can find the deals near my area (1 hr away & hometown), that show about 8% IRR in our model. My parter provides the mone...