Luke Ezzo
Debating Proper Strategy for a Beginner
Hi all, this is my first post on any forum! I’m a new investor based in Chicago, but willing to relocate to nearly any city in the Midwest. My long-term goal (10-15 years) is to own cash-flowing 20 door+ multifamily p...
Yashira Zavala
Inherited Tenants ( Is it worth to deal with them)
Hi BP!I have a question about inherited tenants since this would be our first deal (other than our own home). We are closing soon on a 3bed/1.5bath Duplex with tenants in place. Their rents is at least $200 below mark...
Kenneth Sok
Painted popcorn ceiling? Keep or remove in a rental.
Just closed on my 3rd rental. This beauty was built in 1977.I learned today how much "fun" there was in trying to peel off painted popcorn ceiling. It definitely doesn't want to come off easy. I've already taken out a...
Bob Malecki
Question on 2nd position npn in CA -- can I contact borrower?
Hi All,
I just purchased a nonperforming note in 2nd position on a nice home in Los Angeles. The first is performing and listed with Chase. There is equity in the property even with both the first and my seco...
Joshua M.
equity stripping - cash out refi specifics
Hello BP! I troll around here as time permits and have recently been seeking information pertaining to a specific question (or series of them) without really nailing down an answer with the kind of experiential wis...
William Moya
What strategy should I do with $100k cash?
Hi all, I would like some ideas on how to invest $100 in todays market. Any suggestions, strategies? Creative or basic. Thanks in advance.
Marteki Codjoe
1st Deal - Househacking in Bronzeville, Am I Too Eager?
Hey everyone!
First post here (although I’ve been lurking 👀). I am a newborn baby when it comes to real estate. After the shenanigans of 2020 (dealing with unemployment, uncertainty with jobs, etc.), I realized I cou...
Fred Heller
50% rule question
When estimating operating expenses using the 50% rule, do you include property taxes and insurance as part of the 50%? Or do you consider that part of the mortgage payment?50% seems kind of high to me without the taxe...
Shelby Ek
HUD homes activating utilities for inspection or apprasials
I'm curious to hear other people's experience getting utilities activated for inspections or appraisals on HUD homes while under contract. Any tips or tricks? Your experiences?
Logan French
Where to Purchase First Rental Property
Hello,My wife and I just moved to Boston, MA and we are looking to start investing in real estate soon. From what I have been told so far, it seems like it difficult for new investors with limited starting capital to ...