Hello everyone, this is my first time posting on BP.  A little about me, I have been investing in RE for about 11-12 years now.  I have 22 rental units, mix of SFH and multis.  I have done a bunch of flip properties.I...

I have been hammering away at trying to start a fix and flip real estate business of single homes in the Chicago market. I have tried pursuing several avenues to identify opportunity including knocking on homeowne...

Hello BP nation! My question for BP nation is what is your day job? Although we would love to be, most of us are not yet full time investors.  As I grow older and try to figure out the direction of my career, I love ...

What is your definition of Commercial Real Estate? I know many on BP consider Multi Family to be commercial R.E. Others believe that it's any real estate used for "business" purposes, still others consider any propert...

Since I personally don't like the word newbie...I will use the word neophyte-a person who is new to a subject, skill, or belief. Many times it is used in a religious context and one could argue that real estate is a r...

Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...

Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...

Hello,
My name is Elijah. I’d like to share my real estate story with you all:
At 17, I drove to Los Angeles from my small hometown in Vermont. I arrived with $200 in my bank account and all my belongings in an old ...

My personal finance teacher is using the Dave Ramsey course and doesn’t agree with me that real estate is a good investment. Instead he teaches that stocks will make you a millionaire no matter what even if you don’t ...