Hi everyone, I basically have a friend paying for an investment property which we will flip and then share the profit. My question is - do i have him pay into the LLC and then pay the title company from the LLC? Or ...
Hello BP friends,I'm in a pickle. The tenant wants out of their lease at no cost to them. They said they are afraid of mold from water seepage and are threatening to sue if I don't oblige. What would you do?Background...
Background:
About 3 weeks ago, I had a fire in my home. I had been renting it out but tenant moved on and I moved in. No one was hurt (thank God). In any event, I had an electrical fire start in the wall while I was ...
Hi everyone. This is my first post. I have been reading alot and learning a ton. Obviously with any risk there is some fear, especially when you make the move. I have a few books on the way to help me; "Rich Dad Poor ...
According to Pew, "investors bought 24% of all single-family houses sold nationwide last year, up from 15% to 16% annually going back to 2012, according to a Stateline analysis of data provided by CoreLogic, a Califor...
I purchased my first home when I turned 25, and was able to save enough money to purchase my first investment property at age 28. I purchased the condo for $88,000 and after rehabbing the property, I was able to get i...
Hello,I'm new to RE investing and actively searching for my first multifamily property. That said, as my plan is to hold these properties for my retirement, I'm apprehensive to get into the market now as it appears we...
Hello Everyone, I am a 19 y/o Freshman in college, studying business and I wanted know if your college education has helped you in your REI investment careers? If you don't have a college education, do you think you w...
Living in a new age of people working and learning from home!I recently listened to the BP Podcast episode 380 (Go check it out!), and they brought up an interesting point. Many people are working from home, so I'm cu...
Hey everyone!
I'm diving headfirst into property development here in Chicago, and honestly, I could use a little help from the community.
Here's what's on my mind as I kick off this journey:
Finding the Right Deal:...