Bought a home for $170,000 in 2010.  We spent $94,780 in capital improvements/renovations before moving out in 2020.  We have been renting the house for the last three years ($27,240.00 annually in rental receipts).  ...

Hey everyone, the idea of tax liens have crossed my mind a few time but I wonder if it is even worth the work involved for the returns available.  I have done some checking and the county treasurer told me that there ...

I am looking at a property that has a little bit over an acre of land. It has 10 single family homes. They are asking around $200,000. 7 out of the 10 are rented out. They are renting on an average of $470 dollars ...

Ok so a guy ends up with this house through probate. Old house (1900) needs some work. With an ARV of 170, repairs at 50 I was willing to go up to 70. He won't take less than 80. Says he put in 77 to get it out of pro...

Hey all,
How do you estimate property taxes on Cook County properties? Typically taxes go up when a home is purchased at a higher value so I want to be able to estimate what the new taxes will be. Most likely going t...

I'm trying to find out what my depreciation amount is. I just finished reading "Every Landlord's tax deduction guide." I am brand new to land lording and this will be my first time doing taxes with rental income.  I b...

How did wholesaling in real estate come about?

I really want to analyze properties. I use to set a goal to search for at least one property a day. It has gotten to the point where I want to run the numbers and understand them. I get lost at times when people go de...

So I just closed on my first investment property!
It has been a crazy experience so far and I'm sure it won't stop here.
-Luckily each unit has their own oil tank- What I was thinking about doing was filling it up b...

I have a 5 Acre land in Allegheny county in PA. The area is zoned as R2. Can I divide the land into say 10000 Sq ft lots and sell? I notice the neighborhood areas have 6000-10000 sq foot lots. I know, I have to have i...