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Hello BP Community!I have recently stumbled upon the opportunity to purchase my grandparents lake house in Wisconsin. Given the financial situation, this isn’t necessarily a going to be a good deal on paper given some...
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Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...
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I am looking at purchasing my first multi family ~40 units. Would it be wise to structure a out of state LLC (Nevada) for anonymity and asset protection? I currently have an instate LLC which has 4 Properties in it...
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I am looking to invest up to $200K cash in apartment buildings anywhere in the US. I am struggling to down select markets to build relationships in so I can get deal flow.In 2008 David Lindahl published "Emerging Rea...
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Hello
I recently bought a home in the western suburbs of Chicago and realized during the last heavy rain I have some drainage issues. I'm having water pool next to the foundation wall of the home and noticed that the...
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Can anyone tell me if there is a time limit on how long you can wait to take legal action against a tenant who has broken a lease and left owing back rent? At the time, the tenant had driven the property into foreclos...
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So. My February is very light. I spend hours on my 6 listings every day. I'm pulling my hair out. My prices are lower than I want and still, the bookings just aren't coming in. I decided to try Booking.com and wanted ...
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How accurate is an airDND report? I have an Airbnb report run on a property that I was considering fir a short term rental. Once I backed out mortgage, taxes, insurance, lawn care Internet, etc it didn’t really show...
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So I finally closed on my first commercial property in San Diego on 12/31/12. The escrow placed the property under my name and my wife's name but I understand I need to move the property to a LLC for asset protection...
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So I get a call from one of the brokers I use and he tells me about this ‘great duplex’ foreclosure that started out at $199k, then worked its way down to $149k whereupon an investor bid $85k. Which the bank refu...