Chicago Action Investors are back in the field, hunting for prospects and analyzing deals. The group met at a 2 flat (3bdrm and 2bdrm) with a full basement on 48th Place. @Robin Pritts Rozan, @LaToya Harris @Sean Jon...
Hello All, I have been doing some reading up on how to use 'excessive losses due to depreciation' and of course came across the Real Estate Professional Designation for tax purposes. This is realated to buy-n-hold ren...
Hello Biggerpockets Community, I'm currently considering a unique opportunity to go 50/50 on a property with a friend, and I'd love to hear your thoughts and experiences on this matter.Background:
My friend and I are...
Hello BPI have a property in South Carolina with a double wide on it. It is a rental. I’m looking for a good insurance company that insures this type of property. Also was wondering if the insurance covers the home as...
I am new to this but have always been interested in flipping homes and eventually building and selling. I love the creativity involved in rehabbing a home but I have limited funds. My idea is to create a sort of partn...
Hi BP,
I'm an investor from Chicago looking to potentially purchase my first property using an FHA loan. If I went this route I would rent out all of the units from day one (i understand that this is only permitted a...
Would you take on a project like this? What would you estimate the repairs would be just based on the description and pictures? Is the 230k arv worth it?https://www.har.com/homedetail...
I'm currently studying "subject to" financing. I understand that as the buyer, the benefit is taking over the seller's mortgage payments which may be more favorable thank taking on a PITI in the current market.What I ...
I have a question. Im scheduling an appointment with a seller on his property that has a tenant in it and he tells me he has to check with the relator company to see if it was fine for him to show it to me. the house ...
I'm trying to spec out potential deals in the area for new builds on raw land. I've never invested in a build but wanted to get a grip on the costs involved so that I can better evaluate potential deals. Can anyone re...