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Value-add in real estate is one of the most common strategies when it comes to investing in real estate. The concept is simple but if you’re not familiar, it’s going into a property that’s underperforming (rundown or ...
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Hi BP Friends!I am searching high and low for a multifamily property on the north west side of Chicago that cash flows -- no easy task! A lot of what is on the MLS is overpriced from a cashflow perspective and when I ...
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Blessings BP,I'm purchasing multifamily properties in areas I don't reside. Therefore, I've been speaking to several property management companies lately. What are some of the main questions you guys ask when you're...
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Hello everyone,
My name is Haris and I am new to this forum and community. A wealth of knowledge on here from what I've recently gathered and glad to be a part of it to collaborate or assist. I am a local mortgage b...
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Hey Ya'll,This is an interesting one, and I know next-to-nothing about Land Contracts, time for me to learn! This seller is looking to me as a potential buyer, and if I can solve his debacle, he may end up just tossi...
I bought my first investment property in the US with an investment partner, but I did so with a conventional mortgage. I am the only one on the mortgage documents and title to the home. While I'm the only one on the l...
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Guys, I am waiting to hear back but I will try to breifly explain my situation.Just bought a house in May 2018.
Have a possible job offer out of state. If the offer makes sense, might take it, as I have been waiting ...
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Hi,I searched this forum but could not find an answer to my question.I want to give tenants only one option to pay - to my bank account. I want them to either transfer money from their bank to my bank, or appear in my...
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Hi Everyone,This is my first post but I've been lurking for months. I acquired a property 1.5 month ago. I introduced myself to all 4 tenants and told them I will contact them to get new leases signed. I got 3 of 4 ne...
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I am looking at a short sale that the bank has approved a price on of $180,000, which is the listing price. There had been a contract on it which fell through because the buyer's situation changed and he could not cl...