Hello Chicago agents and investors. My friend is offering to sell their home off market to me in Norwood park. Gathering info to see if it is worth while to invest. How easy is it to commute, safety, future growth etc...

I bought a SFH outright for a rental property. Rent will be right around $1000/month. Appraisal value is $110k. I can get a 30-year fixed loan at 4.0% for up to $82,500 (not exceeding 75% LTV). With that said, closing...

My friends this is only my 2nd post so I really hope I put this topic in the right place. Even more I hope this is a legitimate question to ask.

I am trying to decide between 2 worlds: Las Vegas or Greenville?

I cur...

What are some of your depreciation strategies? I am trying to determine the best strategies to increase my depreciation and lessen the time table. Typically one would do a cost segregation for each building. My consul...

Deal details:

Short sale home
Agreed sale price: $17K
3rd party listing agent fee: $10k
Closing cost: $3k
Total: $30k

Loan details:
$30k
15-year 3/1 ARM @5.7%
20% down ($6k)

Monthly breakdown:
Rent: $650

P&I:...

Hello everyone newbie here looking to get started in the NYC area if that’s even possible. Wanted to know if areas such as Jersey City, Yonkers, and Staten Island are possible locations for flipping.

Willing to tag ...

Hello! Hoping to get some advice on which property I should place a bid on. Both are in the same town, about 40 minutes from my home.

Property 1: listed at $499,900. 6 units, all 1 bedroom, 1 bathroom. Extremely well...

Situation-I am using a non-recourse loan along with my solo 401(k) funds to purchase a rental home.

Borrowing-130,000.00

Loan term options

Fixed rate20 year loan 6.5%

Variable rate 25 year loan
10/1...

If you purchase an empty lot, approximately how much does it cost to build a house per square foot and how long should it take?

So, I seem to have made a mistake not funding a roth IRA for the last 20 years. I have a heathy self directed 401k that I max out every year and currently own 2 rental properties under it. I'm collecting rent that all...