Chicago area investors buying 2-flats - There’s no shortage of classic Chicago 2-flats for sale around the city’s many neighborhoods, and if you’re willing & able to buy and renovate in a rougher area I can see ho...
Been consuming lots of great information on this site. Still trying to decide if I have what it takes to be a real estate investor. Looking to create passive income as I transition from a military career.
C...
Good afternoon all,I am working on a deal and I am not sure my client can be helped. Long story short, dad died in April, Mom is getting put in assisted living, unbeknownst to the kids the parents took out a reverse m...
I'm in the process of combining 5 of my investment properties (currently individually mortgaged) into a portfolio loan. Is the interest paid on this new portfolio loan deductible just the same as the mortgage interes...
With a hunger to start going in real estate, would anyone recommend using hard money lenders as a means of gathering capital for first flip. Without my own capital on hand, it seems that getting in REI is extremely di...
One of my tenants texted me that he has not received his paycheck yet due to the federal government shut down. I am certainly willing to work with him if that is true (even though his girl friend who is also on t...
Hi BP Community, I'm currently under contract on a 21 key motel that I plan on turning into about 14 apartments. I'm a fairly experienced investor, but I have never been involved in any sort of development or re-devel...
I was looking at the Freedom Mentor program (FMP) and Phil had mentioned something about assigning the property instead of purchasing it and having a crew do the renovations. I have found a GC that went bankrupt after...