If I had to do it all over again, I would have gotten an FHA loan for a 4plex in the early 2000s instead of buying a SFR with a 95% loan. I thought I was smart because I bought the house expecting to turn it into a re...

Hi all! Hoping for some advice here.I purchased my first 2 unit Oct 22 and currently occupy the 1st unit duplex as my primary home. In November I submitted my shared-housing application to Chicago’s BACP, with the hop...

Hi Experts!My PM is making ready one of our 16 units and came to me with the wood veneer flooring, saying it's cheaper and durable. I did some research and found most people say wood veneer scratches easily and can on...

I wanted to share my annual expenses because I had to do a lot of guesstimates before I bought my duplex.  I swear when I asked some investors their expenses they acted like they had amnesia.   Since I have over a yea...

Saw this from a Realtor in the area:Understand a large portion of this market is STR's. The market is on the move with a median sold price of $576,500 and a 5.41 Months Supply of inventory. ______________________First...

Hi all,I know there have been dozens of posts re: LLCs but I'm having a hard time nailing down specifics. I understand I should consult an attorney and CPA for the nitty gritty, but can someone please walk me through ...

I saw a few people who recommend to roll the sewer/water bill in the rent costs so theoretically you could charge more rent to absorb that cost. For my area that works for heat but it does not seem to matter for ...

I have just purchased 1st rental, and under contract for my 2nd...Yeahhhh I am very excited. Both in my area. So I am interested in managing them myself in order to learn. But now come the details.Question #1: I do no...

I'm starting to wonder if Dealmachine is just really great at promotion of the product. Everytime I come back to the app to try it out when they say there's a new update I am let down by the software. I can't image pe...

When setting up our Solo401k, I read I needed to keep all monies separate, My rollovers, My wife's Rollovers, My contributions, etc.So I currently have two accounts, My rollovers ($92,xxx) and my wife's rollovers ($2,...