Hi BP,I've set out a goal to purchase my first property before my current lease ends in April. I'm currently renting in Chicago and I'm looking buy a multifamily property in certain up and coming areas in inner city C...
Ive been in the business almost a year now and have 1 transaction pending with one overpriced listing to show for it. I have nothing coming up as of now. I joined a boutique RE agency because at the interview they tol...
Happy New Year! I am surprised I haven't seen any forum activity yet on Engelo Rumora's recently published book The Raw Truth to Success In Real Estate, available on Amazon. I'm going to post the sections of the book ...
What do you do with the proceeds from sales when your done with property rentals? It’s time. We are on the way to retirement. We own several properties and are tired. We have sold all but two. One just hit the market ...
What is everyone's opinion on Harry Dent? He points out that real estate has pretty consistently gone up over most of our life times because of the baby boomers, but now that they are down-sizing and dying off, real e...
I want to try using AirBnB or FRBO to rent living space to corporate customers at a rate lower than extended stay hotels and by providing an atmosphere closer to a real home. It would be completely furnished. Of co...
Hi, I am renting out my first house and trying to get someone in there in the next few weeks. I have a couple that are really interested, but the male has a felony (schedule II PITS) female has shopped lifted in pas...
I've underwritten around 30 deals so far, mostly in the Ohio market. I'd say that 85% of them have rents that are 10-15% under market. If the way to increase the selling value of a MFH is to increase NOI by increasi...
Below is the email that we just sent out to our tenants. Keep in mind, most people don't pay rent just because they fear eviction...Most people pay their rent because they are honest and they honor their contracts. Yo...
Hello all.....
I'm just about to buy my second multifamily property and one of the advices that my uncle gave me was to max out my 401k. Now, don't get me wrong, he owns a franchise and also has about four rental pro...