I'm certainly a newbie when it comes to commercial investing. I have a good understanding of the due diligence required for multi-family, many aspects that should be considered for retail/office, but industrial prope...
By way of background, I've bought 8 SFRs in the last 18 months, 4 with conventional loans and the other 4 in cash. These properties are worth approx. $2.5mil, and I owe less then $700k on the mortgages, so net...
This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...
I did search BP on this topic. Apologies if I missed a thread! I am almost an expert in RE taxes and self file. Just currious re any unforeseen issues with foreclosing the note AND getting the property back with F...
I bought a rental property in Cook County IL mid 2017 and 2016 property taxes was around $2000. It was a foreclosure and there wasnt any homeowners exemption. The property only needed a light rehab (paint, new floorin...
Just starting out in buying rental property, should I create a LLC because of taxes and liability?
So, I have an applicant for an apartment that I'm renting that will pay for one years' rent up front.It's not an internet scam, I actually met this person. They live two houses away in a 1 bedroom and want a two bedro...
Hi there, first post on BP but figured this would be a good place to get some advice. I have had a tenant for roughly a year now, and we do not allow pets (unless they were there when we purchased the property) she ha...
There is some deferred maintenance tenant want me to take care of in the bathroom and kitchen in a 2 bedroom/1 bathroom house. The work should take about 4-5 days. The work is pretty extensive so I want tenant to move...
I received a call from concerned neighbors. This Tenant normally goes for walks every day. Nobody has seen him for three days, his lights are on, and his truck has not moved. I go over for a welfare check and find him...