Hi all,So... I guess I've given my mom the itch to invest in real estate. The thing is, she wants to invest locally and our market does not cash flow (unless you put in the work for a value-add property or put 50% dow...
Hello everybody, long time browser of BP but first post. With the impending recession on the horizon, I’m curious if there are any apartment syndicators on BP that owned / managed properties during the last recession?...
I'm being asked to invest in a 50 year old, 200 unit Chicago high rise building. I'm very experienced with rentals in general and rental complexes with many units and have a good understanding of investment numbers i...
If you’ve managed to untangle yourself from “paralysis of analysis” for long enough to explore your local market, here are a seven ideas to bear in mind:
1. Keep it within 30 minutes of where you live: The reason fo...
Hello, just wondering what your thoughts are... I currently live in Chicago. A big reason why I don't want to buy a place here is the mass amount of debt Chicago and Illinois is in. I curiously looked at Milwaukee and...
I am a real estate agent based in Johannesburg, South Africa. Our property market is currently in a slump owing to political and economic factors. However there are great property deals to be found all around me. Pric...
Hello Bigger PocketsA little over a year ago I started my real estate investment journey. I started to consciously save/invest my money as I prepared myself to make my first investment in real estate. I studied, read,...
Any Canadian renovators care to comment here?I had a discussion with an accountant about the tax implications of house flipping. Basically he sent me over a bulletin describing the 90% rule. It said that if the hous...
I'm in search of an attorney that knows the SEC guidelines for pooling money together and using it for investing in SFH. I have a few friends who's interested in lending on our investments, but wants to pool money tog...
RENTS Unit 13 tenants ($715, $725, $725)$2,165Unit 22 tenants ($775, $775)$1,550Unit 31 tenant (since 2010)$1,475Unit 41 tenant$2,000Monthly TOTAL$7,190Annual TOTAL$86,280P & L (Pro Forma) Note: Cash vs. Accrua...