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21 November 2024 | 11 replies
The search function leaves much to be desired, but you'll do best searching "FlipSystems" as one word:https://www.biggerpockets.com/forums/79/topics/1182640-lesso...https://www.biggerpockets.com/forums/67/topics/1204806-seeki...https://www.biggerpockets.com/forums/48/topics/1098187-flips...https://www.biggerpockets.com/forums/79/topics/1188268-flips...https://www.biggerpockets.com/forums/92/topics/1181695-is-fl...I admittedly have not read every reply, but it seems like a sea of red with "Amy B." being the only positive sounding reply on this thread: https://www.biggerpockets.com/forums/67/topics/1174732-calli...Is that the person you spoke to as a reference that's his girlfriend?
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25 November 2024 | 6 replies
My biggest piece of advice is to connect with local chicago real estate investors in person...highly suggest checking out the christmas party on 12/12: https://www.biggerpockets.com/forums/521/topics/1218823-chic...
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23 November 2024 | 1 reply
Hi Charles, I think you made the best decision in terms of an exit strategy.
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1 December 2024 | 91 replies
For LP the question still remains: you want to lose 200k now or lose 500k later, all for to just generate 200 bucks cash flow.I'm an adult, and am responsible for my decisions, including the contract I sign as an LP with the GP.
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26 November 2024 | 86 replies
Dunno if it tagged him but the guys at Drunk Real Estate (@J Scott) talked about this topic a bit in their latest podcast episode regarding LPs or random strangers calling out GPs on Twitter/X.
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23 November 2024 | 6 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
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26 November 2024 | 9 replies
How would these design decisions affect revenue?
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26 November 2024 | 13 replies
I know the easy answer to this is "check with your CPA" but I'm still in the process of working to establish with a real estate specific CPA who better understands the nuances of these topics.
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25 November 2024 | 8 replies
Hi there,Congratulations on your decision to purchase your first small multifamily property Here are some answers to your practical questions:### Cleaning Common AreasYou should clean the common areas regularly to keep the property tidy and safe.
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23 November 2024 | 8 replies
I joined NARPM just after I started in PM and it was the best business decision I ever made.