whether you're a new Investor or a veteran in Chicago Real estate, this is pretty much everything you need to know about Chicago Multifamily property taxes. Cook County has an effective rate of 2.10%, almost double th...

My cousin & his father are trying to sell there Multi-Family Property and it has a sewer/water liens on it and i wanted to put it under contract. But was wondering if this is something i should go after? Who would...

How do you calculate an offer price on a foreclosure?

I'm getting a cost segregation done on my cabin in the smokies. I'm filing out the information and I'm unsure of a question.In terms of non depreciable land value in the area, is a dollar amount or percentage allocati...

Hello,

I just received a notice from my SDIRA provider that I need to to do a 'yearly valuation' of my SDIRA Assets. I had never heard of this before. I will copy some of the terminology below.

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How much does landlord insurance generally cost? I read in “hold: buy and hold investing” by Linda mckissack that generally insurance is 0.5% of fair market value. I called Geico and progressive and they both are qu...

Hello BP CommunityI came across a nice 8 fam property in Brooklyn for sale for about 2 million. I know i can find a buyer for this property but i don't feel comfortable wholesaling properties over 1 million dollars. S...

I have a new four family house that I'm currently rehabbing. I have a general idea of what I plan on putting in. But I thought it would be a good idea to establish a baseline for FMR criteria for apartments in my area...

Our lender has a program that allows children to help out elderly parents with their mortgage through a refinance process. There are some guidelines for "elderly" but so long as we can show underwriting that our paren...

Hello, I will be closing on a duplex soon that I will be occupying.One tenant will be moving out and the other tenants will be staying .I intend to sign new lease with them. They have been there since 2006 are on a mo...