Hi Stephanie, Do you mind sharing what insurer you went with?

I was thinking about midterm rental by UCD med center, but the Elmhurst area is too expensive, and Oak Park is too dangerous in my mind.

I know i can claim my short term rental income as active income as long as 1. avg rental is < 7 days 2. spent more than 100 hours managing it.If I have other long / mid-term rentals, does the active business status carry over to other property's rental income?

Hi BP community,I am newbie starting out my RE investing journey and looking to connect with like minded people in DFW area.

The property is valued at $3,000,000 but is under contract for $2,500,000, providing instant equity of $500,000 upon closing.I am actively exploring ways to quickly secure the required $300,000 and am considering various strategies, including negotiating with lenders or partnering with an investor.

Legal Compliance:Ensure compliance with all relevant legal and regulatory requirements associated with non-profit activities, especially when collaborating with investors and corporations.10.

Most well drafted purchase agreements will include language that can call a default on the purchaser for misrepresentation so be mindful of how you represent yourself when submitting offers. 

Keep in mind, unexpected issues may arise, so stay prepared to adjust and adapt as needed.

I try to understand each of my buyers' preferences as some prefer to work on homes that only require mainly cosmetic upgrades while others don't mind gutting the whole thing everyone is different.

Are there builders already active in that submarket?