Account Closed
People in and out of investing
I am seeing a lot of people jump in and out of the market. Why do you think that is? There have always been a lot of "part time" investors; people who do deals now and again. Maybe a flip a year? One or two wholesa...
Michael Wnek
Valley Forge, Live in Rehab, Gut Rehab, 3 Unit Chicago
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $530,000
Cash invested: $40,000
2 Flat with Coach house. Property is located on a double lot, 50'...
Laura N.
How do I file a 2015 purchase that didn't rent until 2016?
Hello everyone!I'm seeking clarity on a tax dilemma. I bought my first rental property in December 2015. I've been rehabbing since then, and just moved a tenant in last week (April 2016). The question is what to do wi...
Jaclyn McClellan
Lessons from 2007-2009
I just wanted to start a discussion surrounding the market during 2007-2009.
To those investors who were around during that time period...
How were you affected and what were some specific lessons you learned? What ...
Kenny Wilson
Should I buy this property as a rental investment?
Hey, everyone. I am in the market for a home, but there is also an excellent opportunity to purchase a rental property that has some equity. Buying the rental would obviously take the cash that was intended for my pri...
Joel Florian
Tax deed bare land in Wasilla
Investment Info:
Other other investment.
Purchase price: $7,000
Cash invested: $7,000
Sale price: $16,000
I purchased the bare land at a tax deed auction. Cleaned it up, paid for a survey, chase...
Ross Yeager
Leveraging retirement funds to start investing
I am 28 with a substantial income through my software engineering day job. Over the past couple of years, I have accrued a substantial amount of cash in my retirement funds (401k and Roth 401k). This has made up a m...
Shayna Howard
Tips for starting with Anxiety
Hi Everyone, I just wanted to know some of the tips you all use to start in real estate with the anxiety of uncertainty. Thats of course if any of you went through this. My story: I have been wanting to start in real...
Farzan Setayesh
Unpermitted garage conversion to ADU
Hello. An off market deal has been offered to me. It is a 2 car garage conversion to an ADU without permit. It has been rented for the last 8 year. How can I get a permit? Consequences not getting a permit and keep re...
Anthony Vander Meer
Appraising/valuating a 8 unit apartment building
hello all, I have an accepted offer on a 8 unit apartment building. I'm paying cash then doing a cash out refi. I am concerned the appraisal will come back low due to past small unit appraisals. What is the average...