Larry Majkrzak
Transitioning to RE Agent - Dual Career?
Hello Everyone, I am a newly licensed real estate agent around Chicago IL. I am sure some of you transitioned to real estate out of other careers. Did you find it very difficult? How probable it is to manage two jo...
Dan Patrick
Help! Time sensitive contractual legal mess
Last year I purchased my first piece of commercial real estate. I was very excited to start getting some monthly passive income, however long story short, the whole deal was a sham and I was left with a building gener...
Andrew Spikes
[Storage Unit Facility] Good Deal for a Letter of Intent (LOI)?
Hi, I am in the process of starting my first deal for a storage unit facility. I have been researching and analyzing deals for about 2 years now, and I am ready to move forward. I would like to get some insight on wha...
David J.
Would you take a 7 year ARM?
I have been trying to stick with 30 year fixed but I am starting to consider a 7 year ARM What do you guys/gals think?
Austin Swanson
Perfect BRRRR - Detailed Investment Analysis
IntroductionOn 1/31/2020, I purchased my first two rental properties. One of which I just sold last week, on 5/27/2021. The following write-up is a detailed analysis on the numbers, from purchase and closing costs...
Becky Marsh
Just starting, looking at househacks in MA/NH
Hi everyone! I'm just starting out and hoping to get some advice. I love the idea of house hacking and since I'm a freelancer (with lots of tools!) doing the property management should fit into my schedule fine. My in...
Michael Downs
BRRRR Accounting for tax increases after rehab
I’m new to REI. I jumped into my first BRRR deal and closed a couple months ago. Rehab is pretty much on schedule and on budget but as I’m getting to the rental phase I’m getting a little nervous about my cash flow a...
Eric Fete
LLC with partner question
Hi everyone;
I am purchasing a sfh for a rental with a partner. I am working on a LLC for us to hold it in and had some quick questions:
1. how do we set up insurance with 2 of us owning?
2. do I set up an LLC...
Edward Kozic
Flipping without taking title
I am not sure how to structure this deal and need some feedback. I found this property on Craig’s list. The property is vacant and the current homeowner does not want to sell it for less than $160K. He is very motivat...
Stacy Tring
Investing in someone's primary residence
Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...