Henry Clark
Self Storage- Subdivision as Collateral
We have continued to grow in the last 7 years with our Storage business. We are now up to 8 locations. Most are at 100% occupancy. 4 have land to expand, and we will next year. Focusing on our last locations 7 and...
Joy D.
Garage Conversion to Living Space
Hi there!I'm contemplating adding a bedroom with a bathroom into my single-car garage space... nothing major, just a simple space conversion. Has ANYBODY gone through the permits process and done this? The costs from ...
Steve K.
Anyone Else Fed Up With Loan Servicing Companies?
There must be a lot of trading going on in the secondary mortgage markets, because so many of our loans have changed hands recently and it has been super annoying. For example one of them has switched several times ju...
Brian Garrett
Why do investors choose LLC's over S-Corp's?
I always see discussions where investors ask about creating an LLC for their business.How come people never discuss S-Corps? Are they not common in the World of REI?I currently own several S-Corps in other industries...
James Wise
Shark Tank Bashes the Crowdfunding Platform
Did anyone else watch yesterday's episode of Shark Tank?A new Real Estate Crowdfunding company called Tycoon was on. The owner of the company as well as the entire crowdfunding industry was bashed pretty hard by the S...
Meghan McCallum
Is investing in Chicago brilliant or ridiculous...go!
Everyone thinks they know the best places to invest, Ca, the south east, Cincinnati, your back yard...But, there is NO city that I hear more contention on than the city of Chicago. The third coast has ample opportunit...
Samuel S.
Foreclosure process/costs after purchasing non performing note?
Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...
Richard Vang
Tenant complain about mold
Tenant complain that there might be mold. So, he ordered mold inspection directly without my approval. Now, he wants me to reimburse the inspection cost saying that there is mold.
To me, mold can easily be ...
Steve K.
How can contracts be anonymous?
3 times in just the past week I’ve witnessed sellers discriminate against buyers because of either race or sex. Humans simply can’t be trusted not to discriminate if given the chance. We’ve put laws in place to make d...
Jacob Beg
Did I dodge a bullet or was I too suspicious?
I had a rental application from someone with poor credit. She furnished paystubs showing a very handsome salary and was more than qualified, willing to make two months security deposit and start the lease immediately ...