These are the themes of my 2016 goals. Everything will revolve around these themes. I have started refining the goals and devising a plan to acheive the goals. The following is how I decided to formulate my themes, go...
I am in the process of making my first offer on an investment property (a duplex). They are collecting multiple offers to choose from and they need to be in by tonight. Unfortunately at this time I will need to get ...
Hey! What metrics do you personally use to decide whether a property would make a good buy & hold investment or not? Cash on Cash?Discounted Cash Flow?Internal Rate Of Return?Net Present Value? Cap Rate?A combinat...
1. Worthwhile for a 4 family?
2. How much notice must be given to tenants? They currently each have their own washer and dryer.
3. How is hot water supplied? Each unit has it's own water heater, must I ...
Expected to close on a 6 family this Thursday. We probably need to change the locks to the entrance door and let us assume that the tenants are hostile. What is the procedure for changing the locks in Chicago and pr...
One of the most common complaints in the investing world is the difficulty in finding financing. Savvy investors have options outside traditional channels. If you know your personal investment style and goals, you can...
Hi, I'm currently trying to start my real estate journey. I have a loan pre-approval and "some" money for a down payment (though my loan costs would be lower if I had more). I know having a mentor is good (accepting a...
I recently made the decision to jump head first into doing what I love rather than working so hard to be good at what I was doing, only to question the security of my position
Hello BP community and for those who already made it :-) :-) (Baby boomers & Gen X)
when I was in school some one once said to me, to be financially free you need to have five sources of Incomes - at that time I ...
Hypothetical 1031 Exchange question here for one entity with multiple members: If you have an LLC with three people in it holding a rental and all partners decide / agree / vote to sell... Would I be able to take my p...