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Hi,I wanted to get everyone's perspective on if Chicago is close to a major housing bubble?Looks like Chicago is headed towards the perfect storm: an oversupply of housing, crime, and taxes. There are currently 20 bil...
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Hello everyone, I just recently bought my first rental property and it is currently doing well. My friends and family (brothers) heard about what I was doing and wanted to invest in real estate as well.
Does anyone h...
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I’m not sure where to post this, but has anyone had original post threads deleted? Bigger Pockets states that they do not remove posts. There have been two instances where the original thread is gone. One recent threa...
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Looking to connect with any investors that have experience in self storage investments. Looking for feedback on entering the self storage investment niche. I am interested in exploring the option of divesting my inter...
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Guys, lately I've been catching a lot of flack for my last seller finance deal...Our seller offered 5% interest only for 7 years...I jumped at it. But, some people think interest only is dangerous. Pros: - more cashfl...
This is a would you rather scenario. Its a time sensitive scenario, you can't choose both. 1. Flip, purchase price 110k, needs 40-50k, sell for 199. 2. Rental Porfolio, 5 houses local same town 300k after taxes and mo...
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I've had my first rental for over a year right now. I've been told that lenders will factor in my rental income into my DTI to help secure a loan for another property purchase. A couple questions:1) How long do I ha...
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We own 1/4 of a side by side quadplex in Kansas where marijuana is not legal, (not even medical, yet.) We have no ownership to the other 3/4 of the property, therefore no leases with anyone there except for our tenan...
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How do I go about putting a rental on an LLC, if I'm still paying on the mortgage?
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Sorry it's too big but I don't post often. And really need some advice.
I bought a big old 5b2b house couple years ago. I had a management company but saw them struggling to find tenant. It's a single family house. N...