Michael Newman
Chicago's South Side--good market or bad?
Trying to wrap my head around the Chicago Southside sub market. Hoping to hear from folks who have invested there or professionals in that market for multi families. Been doing some research and learned from some ar...
Manraj Singh
Negative Cash Flow : Tax Offset
Hi,
I am aware that acquiring a -ve cash flowing property is a BAD idea. Also aware that we shouldn't be looking at 1. appreciation and 2. tax benefits as an answer to offset a -ve cash flowing investment.
1. I am ...
Nathan Gardner
House Hacking Planning in Idaho
My goal is to buy a house hack when I move next year back to my hometown after finishing dental school. I want to start my real estate investing journey by house hacking. I did two calculations for a 4-plex and a dupl...
Helene Vanderhaeghe
First property, now how to re-fi out of private lending
I have a firm offer on my first rental property (equal parts anxious and excited)! I waved the financing condition and I'm set to close in under three weeks. While I thought I would be able to get financing from an ...
Joshua Dorkin
Why Negative Reviews about Your Company Can Be Good For Business
Negative Reviews Can Be Good for Business!
I just came upon a fantastic article about Negative Reviews online and thought it appropriate to share with the readers of our Guru Review forum.
This article talks about ...
Corey G.
Retirement Plan Suggestions for Rental Income
Hi Everyone, I recently quit my day job and am trying to decide what to do with my 401k funds. I was going to transfer into an IRA but when I got to looking things over, I'm seeing some other options that I don't know...
Tracy Humphreys
100% financing
Someone I know is looking to purchase a 3 family for 100% financing...no doc, is this possible? Eith all the mortgage regulations going on, I don't think so.
Also, this person said the the purpose for them purchasin...
Kenny Luna
Tenant Referral for bad tenant that needs to go
I’m not renewing my tenants lease, due to the fact that they broke the lease - never pays on time / more people living than the agreement stated. They are going to start looking for a new place but how do I deal with ...
Kalp Mehta
Buying a Property with Negative Cashflow
Hello BPShould I buy a property that generates negative monthly cashflow including vacancy reserves, management reserves, CapEx, and property management fee? When I remove vacancy reserves, management reserves, CapEx,...
Kareem Protain
Screening property managers
Happy Sunday all! I'm looking to do my first OOS deal on a SFR. I don't want to self-manage (pita), and I also want to focus my time on acquiring more props in the same area. What are some red flags (or green lights, ...