The city of Chicago has made a huge push to get rid of any lead service lines, so it's no surprise you have to mess with that.   

This is what I learned: I could not deduct interest on personal loans so I ended up paying as much in taxes as I made.

It's a tool he made to evaluate deals on the BP Money Podcast and is available free to anyone!

I would say the portfolio I am guiding and managing with clients is over 20 million with most of the acquisitions made in the last 3-6 months.

In an oversimplified view, revenue of $1,000 and expenses of $1,000 offset to $0 and you made no profit...yet.

Quote from @Lorraine Hadden: My business partner and I made an offer on an out-of-state (OOS) single family property in October 2024.

I found several properties, made one phone call to a loan broker, paid the 1%+ and life was easy until my broker talked me into re-financing on every loan about every 3 years, or maybe, there was so me reason I had to re-finance.

I invested briefly out of state, and while I made money, I wasted a lot of time chasing returns.

You can either go back to them and let them know that you made a mistake and will be raising it on 1/1 by $50, or, you should raise it in several months by $75.

This is when i was telling all my friends to buy duplexes - even at higher prices (at the time), because anything you bought made sense with a 2.75% rate.