Hey BP, my grandmother bought this property for my uncle to start a business. Long story short he ran the business into the ground and now my Grandma is hemorrhaging money on taxes every year for this thing. It is all...
So @Brandon Turner has talked about house hacking sometimes, which is renting out bedrooms in your house or living in a 2-4 plex while renting out the other units. I realized that is what I had been doing when I first...
I'm currently marketing to probate and have come across a lead that has a mortgage that is close to what the property is worth. The only question I asked was about the total of the remaining mortgage and was going...
Hi I would like to start investing into commercial realestate but I am wondering how do you get Aaa tenants in what are the best way to attract some solide good tenants in order to have a great loanSteven
I would shy away frompurchasing a building withnonconforming rentAL units.The city can shut you downand make you convert them back and at today's codes. It can be very expensive. I speak from experiance.
Hello, Since marijuana is recreational in IL im a little perplexed on how i should go about it in my rental. Since its legalized i cant ban the use of it onmy property right? Also in the lease agreement i have a no sm...
Hi all,I looked up some of the discussions on land trust and still have a few questions so asking for clarifications.Here is my scenario: Have a few rental properties, most with loans and few no loans. Currently all...
Hello everyone, I've been lurking in the shadows for a roughly a month now trying to get my feet wet and learn the basics. I am struggling to find much information on cross border investing and all its legalities. If ...
Hi GuysI wanted to run this idea of a house hack on the forum as I think it’s a no-brainer idea but my wife thinks I am crazy and opposed to moving and living with folks.Here is my situation. I currently rent a 3/1 co...
I understand the principle of a lease-option deal, but just finished a book that suggested using a lease-option on both sides of the transaction. In other words, lease a home (no money down) with an option to buy, the...