Carrie Foley
STR contracts - do you think they are necessary on AirBnB?
I just wanted to see what the STRers out there are doing. I've heard some folks on BP comment that when they are listing their STR on AirBnB (which I'm about to do), they feel comfortable that the legal contracts on A...
Burt L.
What Company To Contact To Issue 1099 For My S Corporation by February 28?
For 1099s issued to yourself for your compensation of an S corp, one has until the end of February instead of the end of January. I saw an ad at BP for processing 1099s but missed who the vendor was. I also called a l...
Sam Nichols
Advice on property manager not replying to calls for over a month
Hi all,long time lurker but I've run into a spot of trouble. I have a property in Memphis that the property manager has been managing fine for > 5 years and they recently became unresponsive to calls/emails and ha...
Shahriar Khan
List of Bank owned Vacant Foreclosed Homes
All right, after some networking I have found a "Bird-dog" who does inspection for vacant foreclosed homes owned by Banks (chase/Wells Fargo etc) , which are not in the market.
He is willing to give that list at a r...
Ryan Bird
Chicago net migration trends
I’m interested in investing in northwest suburbs of Chicago but recently read a 2022 year end report that take about negative net migration in Illinois, specifically in cook county and city of Chicago. I could see suc...
J. Martin
Consistent Late Payments but keeping Tenant - stupid?
1 of my 6 units in a lower-income neighborhood is late consistently, every month. I have accepted it so far, w/ late fee, for over 6 months. And so far, plan to continue doing so (but adding a daily late fee). Howe...
Jermaine Walton
Financing Under $100K
Hi Everyone - Newbie here. How do you get financing on a home under 75K.I have the 25% down, but talking to a lender that I have a pre-approval from; they don’t loan under $100K for a rental purchase. Looking to buy i...
Ryan Bird
Contract Cancel Terms - Buyer Illinois
My real estate agent told me that a buyer can cancel an executed contract within 5 business days of signings for any reasons. Is this true? Are there any exclusions?Reasons is because I was planning to give multiple o...
Frank S.
Typical Eviction Time-frames for Chicago
While researching before investing. I found that the typical eviction time-frame in Chicago appears to be at least 3 months and up to 4 months. Well, those are the risks one must take and due diligence checking all r...
Alexander Curtis
layoff notices for wholesale deals??
Would layoff notices be a good source of leads foe wholesaling? Any insight would be greatly appreciated, Thanks.