Hi BPers, I was at my local REIA meeting last night and we got on the topic of creative financing.  Someone brought up a concept I had never heard of before, 7702 plan.  The way it was described is this is an insuranc...

I have a plan that I'm throwing around.   I currently own one rental property that is paid off.  Cash flowing around 500 a month.  I have a primary residence, house is worth 135k and I owe 65k.  My current income is a...

Hello!New to the community and interested to hear your opinions on what could be the best strategy for me.2 years ago my father passed away and I inherited a single family long term rental. I have been holding and sel...

Does anyone have any recommendation for builders risk insurance.  I contacted one company and was quoted $6805 for 12 months.  I am new to this arena but this seems awfully high.  I have a home in DC I inherited and w...

Hi all, as the title suggests I am submitting an offer on a non-conforming 2 unit in the Logan Square area of Chicago. The property would be conveyed to me as vacant and after crunching all my numbers over and over ag...

Just finished the great book,"Set for Life". These two free online programs were mentioned as good for tracking your financial life.  I was wondering if anyone has had experience with one or the other?

Hello, I'm wondering if this is even worth attempting? I'm able to make relationships with low to mid level reo agents and they throw me a few deals here and there. Does anyone have relationships with the Top 3 or s...

Hello all,I am new to the forum, but I have always used to site to gain general real estate info.I have a question, but first let me give you some background info for the sake of receiving any other advice that the fo...

Looking for feedback from those using Rently, a lockbox/service which allows prospective tenants to let themselves in to view a property. http://use.rently.com/how-rently-works/Seems a little scary to me. Any horror s...

Airbnb or STR (short term rentals).   The concept is furnished rentals that are rented for short terms as short as 1 day to 30days or longer if you desire.I'm a newbie.  I only started in 12/2017 with my first airbnb....