HiBeen a member for a while but this is my first post. I have elderly parents who own a multi family just north of Boston. My siblings and I are looking into creating a trust for the property. Eventually the property ...
I just got home from the bank, went to sign papers and go over everything before closing. detail.single family rental - buying for 40k with 20% down - conventional loan 30yr fixedbuyer agreed to pay 3% in closing = $...
Hello All,My name is Phil, a real estate investor in the Chicago/Central Illinois area. I am relatively new to BP but have already learned a ton from the forums and podcasts. I am considering purchasing a condo in cen...
I got a good one here. I'm going to use some easy numbers.
I purchased a duplex for $200,000 in July. The prior owners had the property forever and it was assessed at a total of $150,000, $50,000 towards lan...
My broker sent me a 74-unit deal. I normally wouldn’t look at the deal because I am laser-focused on my 50ish unit deal criteria. However, the broker was pushing me to look at this deal. The thing that made me look at...
Trying to make sense of the tax bill - the last minute "Trump/Corker" clause seems to be a big handout in that we will be able to at minimum, take 2.5% of our capital basis as an extra deduction against NOI no matter ...
Our tenants are required by their lease to change out the air filters for the Hvac on a regular basis. They did not do so causing poor circulation which caused an ice build up on the less than two year old air handler...
All,My uncle was recently thinking of selling one of his properties in a thriving market in Indianapolis. Instead of taking the normal route, I convinced him to sell it to me on contract. We are still working out ter...
Following is a thread and comments from across the country fromInvestors, Buyers, Sellers and Associates a like. I'm interested inseeing your thoughts either here or there or both. https://www.linkedin.com/grp/post/...
Hello everyone. This is my first post here but have really enjoyed reading up these past few weeks. Glad I found this site. It's addictive.
I am getting ready to break ground on my first 2 rentals. I am approved ...