I wanted to get some thoughts about this.I wanted to buy a 2 flat in the south side of Chicago,not in the best areas ,but pretty decent.Ive seen properties sell for $30,000-$90,000(fixed up) and was maybe thinking of ...

Hi everyone,

I am yet another longtime lurker, first time poster on the Bigger Pockets forums. (If LTLFTP isn't an official BP recognized acronym, it should be.) Besides the wealth of information containe...

I know the answer to my question before I ask it: 'dont try and time the market, a good cashflowing deal will still be good even if the house price drops due to market corrections'That being said, given everything tha...

Hey BPI wasn't prepared for my ideal single family to pop up yesterday, but it did. The house is a probate sale and I intend to go view it tomorrow. It's a 3 bed, so I plan to occupy 1 room and lease the others out fo...

Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...

Finally took the plunge and quit my job and am ready to put in 100% effort into real estate. While i was working i did see a couple of houses and still have a couple of buy and hold investments. I see the money in rea...

I'm looking for advice as I structure a new real estate investment business entity. Specifically, how I should approach % of ownership?My partner is a GC, who is going to take on all everything related to assessment a...

Not sure where to start.. I guess I’ll start by staying this happened in Texas, and my family lives in Colorado.  I was transferred to Texas for work on a two year contract leaving behind my family to persue my career...

I have approximately 70k in equity in my house with a free and clear title. I plan to move in with my fiancé in the next year to year and a half, in her house, in a city 2 hours away. Also at the same time my daughter...

Greetings all,As you know, the 2-Out-Of-5 year rule says: you must have lived in your home for a minimum of two out of the last five years before the date of sale in order to take an exclusion from capital gains upon ...