Karl Kaeser
Introduction and partnership terms question
Hi everyone! My name is Karl and I'm very excited to be writing my first post in the bigger pockets community. I've been listening to the podcast for months and love it and have been studying real estate and feel I'm...
Matt Tallent
What is my tax loss good for?
Hey all,2018 was my first year investing and I took a loss on my first property because there were repairs and upgrades I wanted to make. I’m taking a loss for 2018 and want to know what the loss is good for. I’ve hea...
Joshua Smith
DC Tax Lien
Hi all - I have been looking for distressed properties in DC and came across a property with nearly $200K in delinquent property taxes. It is the perfect opportunity to get a property for a massive discount.However, l...
Karl Yousef
Hugh Jones Apartment Acquisition System?
Hey all. Has anyone worked with Hugh Jones and his Apartment Aquisition system? Website: https://hughprint.com/Linked-in profile: https://www.linkedin.com/in/la...Facebook: https://www.facebook.com/hughj...Would love ...
Joe Smith
strucuring entities
OK - I have an idea here and want some feedback.
Say my wife and I create a "parent" company, or holding company, a 2-member, 50/50 LLC. Let's call it "Joe's Rentals, LLC" for the sake of this post.
Now, say I buy ...
Andrew Nesbitt
Where do you all go for smaller mortgages? Like $50k
Looking to invest in rental property in the midwest where there are tons of sub-$70k properties which means I need a $50k mortgage, but doesn't seem like anyone wants to deal with that.
Aaron Jones
Chicago - 60628 Area Code
Good day everyone! I'm still learning and have two questions
1. For the Chicago 60628 zip code, should I use the 70% or 75% rule?
2. Extremely basic question, what is the difference between comps and ARV? I have cal...
Chanté Owens
What Investors and Partners Look for in a Proposal?
In the same spirit of @Karen Margreaves "Skin in the Game" thread; I've seen a lot of people inquiring as to what investors and/or potential partners look for when deciding who they will work with.
Some of my...
Paul D.
Tenant Rent Deposits/Collecting Rent
I am about to go from 4 to 8 rental units with my next deal and have been doing fine with having my tenants depositing cash at my bank and can tell which tenant has paid because each house has a different rent amount,...
Justin Sumulong
Question regarding security deposits in Chicago
Okay, I'm flipping sides and asking a question regarding my security deposit for a rental I am moving out of in Chicago.A couple months ago, I asked our landlord if we could move out sooner than the lease end date. (l...