Ian Patrick
Experienced Investor will Answer Questions for next few days
I opened this message on a few other forums and it seems to really be helping people so I figured I would do it here.
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A brief background and why I am doing this. I started investing ...
Jason Kim
Setting Up LLC Under Different State
Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
Steven Gesis
The RE Amazon Craze - Coming to Cleveland, Ohio
So, for all that do not know, Amazon is building nearly 2.4M sq. ft. distribution center(s) - specifically (2) new facilities within 20 miles of one another in NE Ohio - this is great news for the region and job creat...
Michael C.
Types of Homes for Rentals
Just started my third book that was recommended through this site "Rental houses for the successful small investor". I did notice it was written in 1999 so I'll take parts of it with a grain of salt but expect the o...
David J.
Thoughts as we approach the top of the market?
Few would deny that the market is cyclical. It goes up for a few years then down for a few and repeat. I want to hear from other investors your thoughts about how to handle this. We are nearing that top (especially in...
Brie Schmidt
Will there be another recession?
Are we going to have a recession this year? Historically, every time we see low unemployment it is followed by a recessionNow we hit a 17 year low for unemployment rate, so what does that mean?So will it happen? Wha...
Ben McMahon
Is this the end of the Traditional Real Estate Agent Era?
For years now, we have all known that a good portion of the traditional real estate agents job is unnecessary. This is a heated topic for a lot of people particularly if you are an agent. The best argument for the t...
Caleb Rigby
2nd Utah flip - profited $22k!
Another one bites the dust! We closed yesterday and have officially sold off our 2nd baby, aka our 2nd flip. This project wasn’t nearly as extensive as our 1st, but it was very fulfilling and still learned a ton. This...
Michael Newman
What are the best and worst Chicago south side sub markets?
Hello all, Hoping to get some first-hand knowledge and/or opinions on the best southside Chicago sub markets for apartment building investments. I've heard that Woodlawn, Bronzeville, and Jackson Park highlands are ...
Jose Contreras
Tax benefits from RE investing in high income earners.
Hello everyone,We recently started investing in real estate in 2020. We are buy and hold investors and currently have 2 doubles in the cleveland area. We got into investing for it's wealth building annd tax benefits. ...