John Beck
Single Family Home Rental "Breaking even"
My background in Real estate would consist of owning my home and 1 rental property, that I break even on, every month. By "break even" I really mean, that my mortgage for that property is covered by the rent, but a...
Maxwell Dolgin
Boston REI Novice
Hi all,
The name is Max (short for Maxwell). I'm one year out of college and also full time as a Financial Analyst in downtown Boston. Always been a REI fan, yet never took the first step. Now that I have more courag...
Juan Ayala
Tenant registered LLC under my rental property address no notice
BP Fam,Would like to hear the communities thought in my current situation. Currently house hacking and we have a in-law suite. Renting it out and occupied. The tenants decided to register their LLC under my home addre...
Mark Stone
First time Landlord with Holdover Tenant (Urgent Question)
Thank you in advance for any insight or advice you can provide! I will explain in detail the scenario below but will start off with the abbreviated version (TL:DR) version first.Thanks!TL:DRTenant suppose to be out en...
Kurt S.
Anchor bolts on detached garage
Hi all. Moving to Chicago next month and I am under contract for a 2-flat in Chicago.The garage is detached and is not properly secured with anchor bolts. My questions are:Is this a code violation? I was told conflict...
David Martin
Texas Adverse Possession / Trespass to Try Title
Would love to have a conversation with, or be referred to, anyone that has had success with adverse possession in Texas or is familiar with it's workings. I realize it's a fairly esoteric area of RE law, so initially ...
Danny Duran
Buying a Property with Mold in it
BP community--I went under contract on a north side Chicago multifamily property (4-flat) this week (thanks @Brie Schmidt ). Basic inspection (thanks @George Foster ) and mold inspection occurred on Wednesday. There ...
Will Russell
How to purchase a property with actual, physical, CASH
I am ready to purchase a condo that I am going to renovate and then flip. The seller is insisting that I pay them in actual, physical, cash.
Is this something that can be done? If so, how?
Thanks in a...
Mike McKinzie
Should I do a 1031?
I know that most of you HIGHLY recommend doing a 1031. But I am currently in a situation that I am just considering paying the Capital Gains Tax and be done with it. So I want some differing opinions.
First off, th...
Account Closed
Markets with highest ROI
1) Which markets have the best ROI as of right now as well as properties (SFR, condos, townhouses) that are still considered reasonably priced? I'd like to use an available $400,000 in cash and diversify into multiple...