Hello,I am looking to do my first flip. I have been analyzing deals on the south side of Chicago and the south suburbs. I have a pre-approval for a hard money loan. Each of the homes I have tried to bid on had 20+ bid...

1) Not keeping enough reserves. Big expense hits and owner cannot handle it

2) Fix/flip - unforseen repair needed. Too many deals go bad.

I'm curious to hear how RE empires go down during recessions.

Background: 
Me and my wife are both full time IT professionals with 9-5 jobs, which are more like 8-8 jobs really and sometimes weekends too. We decided to start actively investing in cash flowing multifamily real e...

What’s the one renovation you’ve found to bring the highest ROI in your fix-and-flip projects?

Ok, so I might have my first deal.  The seller #1 is out of state and spouse lives in the home. #2 They are getting a divorce. #3 The house is fsbo & has been listed for 9 months. #4 She is "willing to work with m...

Hello BP!

I am a first-time out of state turnkey investor currently in talks over this South-side Chicago 2 flat in the Hyde Park township (60637 zip code).

Could anyone who actively invests in the are ...

I closed on this beauty earlier this month (Dec. 2018) and it has been quite exasperating dealing with the seller and the hard money lender! She's a 3/1, 1,200 sqft home in East Point, GA - a perfect starter home if y...