Hey BP community,So I am really excited to finally be a homeowner! Just closed on a condo unit in the Roger's Park neighborhood of Chicago and I am planning to use it as a BRRRR property. We are currently living in it...
Hello BP,I've been a BP member for years but haven't posted anything until now. I'm honestly slightly skeptical about the type of responses to 'dumb' questions that I as a novice will undoubtedly ask will receive. In ...
After 20+ years in real estate partnerships, here's what actually puts you on the IRS radar (and what doesn't):
REAL Red Flags That Matter:
The Partner Complaint Trigger
Disgruntled partner files Form 8082K-1 dispu...
Just got thru participating in a Tax Lien sale online. It was in Iowa where the interest and amount of lien never changes. You bid down ownership of property. The bid choices were PTW (proxy to win), PTT (proxy to ...
I'm a newbie considering bidding on a few properties at an upcoming tax title sale. I'm in Louisiana and I'm a little confused about the bid-down percentage method we use. In the unlikely event the owner goes the full...
Hello, I am new to the real estate journey, and I was wondering how the market for downtown Cininnati looks for STR and MTR? I live out of state, but I feel like there would be a great start for me there.
Hi,
Has anyone used the above course for buying notes?
I appreciate any feedback.
Thanks!
Dolores
I live in Rockford Illinois and I plan on purchasing a property and renting out a couple of the bedrooms with a short lease and contract. I'm having a difficult time finding the correct information online regarding th...
hello,
I am working with a property manager for a property I may possibly buy in Austin (Still researching). Below are the rough charges.
1) 70% of the first month rent for every new tenant.
2) 7% of each month re...