I would love your advice. Should I keep this property or dump it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. The current comps for this property are around 185...

Awhile back I posted about a tenant I have that has requested to make a tenant requested improvememt to my property. Long story but to make it short, tenant has agreed to pay approximately $8400 to improve the shower ...

In the ideal circumstance the title of all your properties will be under a corporation and all transactions and deductions under the corporation so any profits or loss will flow to your personal incom.  However, since...

Curious how you all have you accounts set up. Right now I have a rental account where the deposit is made from the renter, then every month i pay my mortgage payment from my general bills account manually. I would lik...

I am wondering how expensive it would be to become an independent broker? Has anyone looked into this? No employees just you. 

Hi, this is probably a very beginner question, but I'll aks it anyways. I'm looking for a house hack in my area and none will cash flow positive if I occupy part of the residence. Should I be looking for a unit that c...

As a wholesale real estate investor, do i report or pay taxes on the assignment fees? I've watched alot of videos on youtube from investors and they never discuss that part. I am new to this business and i want to be ...

While analyzing a potential deal, I'm creating a pro forma and wanted to see what expense line items that I'm potentially missing.  Can you guys offer some advice?  It's a 7 unit apt building...Here's what I have:Fire...

Is there a way to use 401k saving to invest with out getting taxed so much??

Hey everyone I'm curious how many of you maintain a separate reserve fund for your properties so as to handle longer vacancies, or other things that come up like with COVID where tenants/payments might get a little sc...