I'm not sure if this is the correct forum category to put this in, forgive me if it is not. A good friend of mine called me today to look at a property with him. It has a lot of potential (so long as this does not bre...
Hi,
I am aware that acquiring a -ve cash flowing property is a BAD idea. Also aware that we shouldn't be looking at 1. appreciation and 2. tax benefits as an answer to offset a -ve cash flowing investment.
1. I am ...
So I've been waiting for today for weeks. I was supposed to close on my rehab and collect a nice chunk of change.....It turned out a little different.
I agreed to watch my mothers dog last night. The little fu*ker bar...
Hi guys,
I'm looking at a deal in Chicago. It is a newer triplex (2008) at 1344 S. Karlov Ave in Chicago. The one caveat is that these are all section 8 tenants, which I have never done before. I know some pe...
Hello All,
As a copywriter in the industry, I've been thinking about income property investing for quite some time, but have yet to actually invest in one. However, I'm sure that day is coming. Though present...
Hey, all. I've searched the forums on this topic, but everything I've seen seems to be outdated at this point, so I'll bring up the question again...I am transitioning to self-managing my 8 units. Of those units, I ha...
Okay, the scenario is a little complicated. I'll do my best to make it concise. I wholesaled a rental property a little over a year ago. The seller offered the property for what he owed on it, with the buyer making hi...
Hey everyone,I am analyzing a few larger commercial deals and want to get some input on a deal of this magnitude. This is truly a mix of B,C,and D units. Currently, I am leaving expenses at 50% because I am just doi...