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I’m currently running the numbers on a B+ multi family investment. The before tax I RR is 14.74%. The after-tax is slightly over 10%Do you consider this a good return? Or do you consider it too high and too risky? Or ...
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I’d love to hear about one of your investments from start to finish in 30 minutes. YOU are the interviewee :) My name is Collin Milone and I’m a novice investor. I’ve spent the past four months reading about the basic...
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I have recently acquired a property for $80,000 that was a great deal. My realtor think it has the potential to sell for around $180,000. Assuming this is correct, what would y’all do? It’s currently on a 20 year mort...
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Table of ContentsThe Property 2Financial Overview 4Financial Statements 5Our Methods 9 MLS® Number: SK792508List Price - $299,900 This 4-plex was built in 1970. It boasts 3 2-bed...
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Hello Chicago BP Community,
Back in 2021, I came on the Chicago forum and received some phenomenal input and contacts that led me to my first house hack in 2022. I have a feeling Brie Schmidt might see this, so thank...
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Hi everyone,
I am in the middle of renovating a 1600 square foot rowhome so that I can start renting it out. Having been built in 1890, the walls are all lath and plaster. The house has been vacant for a few years a...
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I'll start by saying: I know I'm too soft on the tenants. We have a late fee in our lease of $25 for rents that run 1100-1200 per month but it's a one-time fee no matter how late they are. I also have a bad habit of f...
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Hi, I have come upon a 4 plex for $ 335,000 that is new and though not luxurious in any way, does have a pool and clubhouse. It is in a somewhat lower rent area and the entire complex of more than 60 4 plexes seems to...
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I ran across an interesting little self storage opportunity. This facility consists of a paved lot with 80 concrete block storage units and a 160x200 open gravel lot (about 100 spaces) for autos, boats and RVs. 10’ ...
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You've probably heard the "would you rather" scenario about being offered $1M or a penny that doubles every day for a month, right?
Well, consider this little twist…
So, in case you haven't heard, a penny that doubl...