Hi, I'm looking on some advice for my next step. In October of 2016 I bought a 4-5 unit building for $655K in Chicago (5% down). This is legally a 4 unit building, we have restored it to 4 units, but it has a mega uni...

I have an idea in my head and I am wondering what legal hoops I need to jump through to make it work/how to get started.How easy would it be to register for an LLC, seek out 50k-100k cash investors, have them transfer...

A cost segregation (seg) study is a detailed analysis of the components of a building so that the separate components can be separated and classified into shorter depreciation lives. By performing this study, building...

Follow up to original post on buying Larger properties. I hope you enjoy, and feel free to add your thoughts or questions. Rich

http://www.biggerpockets.com/blogs/575/blog_posts/2615

My husband and I are in our early 50's and we own a single family home in Hoffman Estates, Illinois. It is in a very good location because we are in the heart of Schaumburg area where it is highly develop. We don't ha...

Hello everyone, I have recently graduated university and I'm looking into investing in my first duplex. I've been looking at listings in the Cincinnati, Ohio area but was wondering what advice/tips you would have for ...

I have a tenant who has been repeatedly slacking on rental payments. Sometimes, she'll skip a month or two, but then catches up with overdue rents. But this recurring on again / off again payments is frustrating and...

I am reading Lonnie's books and am very excited to get started with deals. A few questions:

Should I set up a separate LLC for mobile home investing/financing? I already have one for the SFH that we rent out.

The...