Kevin S.
What to do with $1,000,000.00?
I wonder what do someone approaching retirement do with $1,000,000.00? Buy a single property with cash and have about $65,000/yr in cash flow or use it for DP on a $4,000,000.00 property? Would the cash flow be the ...
Allison O.
Priced out of Chicago market, so where do I go?
Hello,I am looking to buy my first rental property. I want to spend as little out of pocket as possible, and I am thinking that means I have to look out of the Chicago market and possibly out of state. Since this is m...
Katie Hanner
Property Taxes where you are or invest?
I'm just now beginning to feel comfortable considering an out of state investment. Property taxes seem to be a topic of much conversation (I'm in TX)...so I'm curious to do a poll -- what are property tax rates like...
Joshua Dorkin
Gurus vs. Experts - Is there a Difference?
I read a blog post this morning on the site, where someone called some of the people on BiggerPockets, gurus. While this term carries a positive connotation, I contend that in the world of real estate, it can be inte...
Kevin Rea
Of all the places you lived, where would you move to right now
I have only ever lived in Wisconsin so I do not have a good idea as to how it compares to other places. I know it always seems that the grass is greener in another state but I want to get some sort of consensus.
The...
MARK S KING
Best State/City for Section 8
Hello, any input on the best market for section 8? Looking for a way to analyze the highest allowance from Sec8 vs the lowest priced homes, wondering where you can get the most bang for your buck. I have heard the tar...
Meryl McElwain
So-anyone still paying rent?
So I'm in Chicago. Two six flats. 8/12 tenants now not paying rent. I've been talking to other landlords and it's the same story. I have two buddies with 60 units between them. They're are mostly 1 bedrooms. Rent is u...
Kristen Bouvier Scoville
LLC vs S-Corp/ Too many Properties Rentals?? CPA - Tax Attorney
Could use some Tax Attorney or CPA advice! Here's what I have.. My husband and I live in a small Western New York College Town. We currently own over 20 properties primarily Student Rentals; 1- (6 unit 1bd), 1-(3 bldg...
Justin Cabral
Is this a sign that we are in for another crash?
Newbie question for those members that are well engrained into the RE investment space. I am looking to begin leveraging cash I have in REI to increase my wealth and create future financial independence.The townhome I...
Ryan Dunn
I keep seeing and hearing the midwest is the new hot spot
Is the midwest looking to you guys as a great new place to look? I know the cost is on the low side for houses. BP podcast has talked about it a ton in the last few months. The rents are still close to the 1% rule. Bu...