I will try to make this short but their is so much going on with this HOA. Two years ago I purchased a few condos in one community and I became the treasurer. I had issues with bookkeeper not giving me financial paper...
I'd love to get everyone's thoughts on renting out a basement in-law unit in Chicago. I am looking at a two flat on the north side, but the numbers only work if I convert the basement into an in-law rental unit. I kn...
I am thinking of forming an LLC. My sister and I are trying to get into REI. We want to do small rentals (multifamily homes) and flipping as well. We are in upsate New York. I am hoping an LLC will help with loans. My...
Here's an excerpt from a book I'm reading by Dr Peter Linneman explaining the reasons for the subprime meltdown:
Can you utilize a 1031 (LKE) to avoid taxes on a flip if the home is in owned personally? Or does the home have to be owned by a company to take advantage of the a 1031?
Hello Bigger Pockets community,I am Jacques Ridore, I usually go by Jay. I am a new transplant to the real estate investor field. A little bit about me is that I am an active duty military member of just over 15 year...
Can someone set me straight on why I would want to use a self-directed IRA for REI when, as I understand it, does not offer tax benefits or liquid cash flow?
Looking for advice (and/or a recommendation for an Ohio attorney) on whether I should set up a company to hold my investment property(ies). I am looking to purchase a SFH in Cleveland, and hopefully a couple more with...
Hello,I have a piece of property I inherited in March. When I advised the current tenants I was the new landlord, I tried to put their mind at ease and let them know everything will remain the same as it is and if I ...
Hi BPers,I have inherited a four-plex and come to find out one of the renters is a sex offender. He lives there with his wife. I have met them and they seem like nice people. Their lease expires in October this year a...