I lifelong friend has been renting his house here in Illinois for the last 5 years but lives in Arizona.  He is willing to sell me his Illinois home for cost.  He's currently checking with his mortgage company to see ...

I went to look at a property and couldn't get financing through my current bank. I went and explained to the owner what was going on. (The owner flipped the house, if that matters).

Owner emailed back a day or so la...

Hi, I honestly don't have much money to buy a house. But I'm able to move in, land lord the house, and execute the house hack. What moves can I possible make to make this happen?Find a partner to invest in the deal?et...

I have been on the hunt for a 4 plex near downtown Milwaukee for awhile now, and I recently found a 5 plex that seems to be a great deal. I met with the seller and walked through all of the units, and the numbers all ...

Hello,My first and only rental property I purchased in 2007. It is a 2b/1b 2 Unit Duplex and was purchased for 240k and now worth 130k (for obvious reasons). Due to the recession I had to lower rents to stay competiti...

Hello BP,I have been lurking here for some time, and I have found this community invaluable. I recently got an interest in real estate investing. I purchased my first property about 8 months ago, and had a new opportu...

In the last few months, I've noticed a dramatic decrease in applications for properties for rent.  We've dropped the price which is now well under where there was demand not too long ago.  We've had people view the pr...

Been using Quick but looking for a more in depth software to manage properties. One that would include accepting credit cards, sending out late notices, add late fees, unit details and more. Any suggestions and why?

My tenant is not paying her last months rent. Her lease is set to expire in 2 weeks. I have sent and documented the 2 notices I sent her. She mostly avoids my calls/texts and then responds saying she will pay. She ini...

Here's the scenario: In escrow on property, seller provides rent roll and tenant is 10 days late on first months' rent.  Note, lease was signed right before listing property, so this is first time rent has become due....