Hey people has anyone dealt with Chicago city violations. I just got recently hit with Chicago city violations with exterior violations like window replacements and owner ID sign missing. I never dealt with Chicago ci...
If you are screening tenants and you figure that the tenant might be have a difficult life situation, would you put that into consideration when choosing if the financial side of the screening passes?
On a hunch a...
I have a lead on a property in Orlando, Florida the owner died (no will) the family is getting the documents prepared to transfer title is there anything I can do to help move this sale along. Do they have to have the...
In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. I feel the need to write an article on this, since in many of these conversat...
Getting ready to do our second "owner carry" deal where we are the sellers. We own the property with an existing HELOC with a balance on it against the property. No other encumbrances. We are selling the property o...
I have a tax basis of $150,000 on a rental property that I am selling. I am under contract to sell the property for $215,000, of which after closing, I will realized $200,000. I have no debt on the property, I own i...
I recently wrote an article about public works projects and how they effect the mood of real estate investors. I updated it on my blog today and I want to know if you agree or disagree?
Do public works projects su...
I was browsing some notes.
Came across this one.
LTV Ratio:
51.990%
Original Loan Amount:
$33,000.00
Principa...
Hello BP,
I am in need of your infamous brilliance. I am currently going through a 1031 exchange and wanted to ask a few questions about 1031 to understand the scenarios better. Thank you for any help you can...
Trying to figure out the best way to handle this ?Tenant mentions to me yesterday that she thinks she has mice or rats in the house then today she calls and puts me on the phone with an Okin pest control sales guyThe ...