I'm not exactly a beginner; I have 30 units in Kansas City, but I'd really like to diversify my investing and I really enjoy the city of Chicago. Despite all the headwinds the city faces, I really believe Chicago is a...
Hey BP family, I attended a real estate workshop a few weeks ago and was told that I should setup my LLC in Nevada because the benefits of incorporating in Nevada are amazing. Is this true? A company based out of N...
I'm under contract to buy 32-units in the southwest suburbs of Chicago (by far my biggest purchase). This particular town is pulling water from an adjacent river and the resultant water bills are off the charts, almo...
I have been riding my bike around my neighborhood for a few days and have come up with a list of about 60 properties that are showing signs of distress(property not being taken care of, over-grown lawn, junk in the...
Hi All - I am wondering if anyone who does rent by the room in the Atlanta metro area has advice on how to do a rent by the room rental? Specifically, how to go about managing unrelated persons living together per cou...
Hi all,
I came to this site after browsing online for some good income property advice. My name is Tim and I'm 28 years old and have been a homeowner for a little over 4 years now. Between what my wife and I...
I posted my rental online and received this from a interested renter out of state:"Good morning we are family of 3 and we are living in north Carolina and we are going to buy a deli in ny so I willing to pay 6 months ...
Hi, as the title mentions we got a new tenant and a month ago and she saw a Silverfish bug once and asked us to get an exterminator. We kindly replied that these bugs are harmless and that if she saw one it’s not that...
E-Myth, written by Michael Gerber, discusses why most small businesses fail. While it's not a real estate focused book, it explains why most real estate investors fail. There are three parts to the successful small ...
Hi everyone. This is probably a really dumb question, but I figured I'd ask a forum full of intelligent and experienced landlords rather than fly blind.We've just started to advertise our first rental property and we'...