Hey BP!Have a situation I am looking for advice on:A good friend of mine, who lives in the Bronx (NYC area) is selling his house. He's desperate to sell. It's a duplex MF, a one bedroom apt on ground floor with drivew...

So this is half pointless rant, half looking for suggestions.My mother-in-law moved in with my wife and I, and we'd like to rent out her house; she has a large house in New York. Unlike most of the country, her locali...

This post was prompted by a discussion of a specific STR-related tax strategy on another thread. But the concepts apply across a wide range of topics, so I'm posting my TED talk separately.
1. The annual nature of ta...

AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...

I've brought this up before. About a year ago I was looking at apartments in Las Vegas to purchase, but most of the replies I got were that the market is too pessimistic.

I was looking to buy and hold for 5-10+ ye...

Hi BP Community!  I'm very happy to be a part of BP.  I'm new to the BP forums and have been catching up on the Podcasts, which are awesome.  I'm 36 years old and just changed my career to real estate.  I am working a...

So I just got off the phone with my realtor. I want to write an offer for 245k on a duplex that is in probate and asking 350k. He was shocked. He said he "knows it is worth at least 320k". It's tax assessed at 315k in...

I have heard of the technique of avoiding potential FC problems by having a borrower essential pre-sign a Deed in Lieu which basically says, if the loan defaults this Deed in Lieu becomes enforceable.

Sounds too good...

 Hello all,  Hoping to get some first-hand knowledge and/or opinions on the best southside Chicago sub markets for apartment building investments. I've heard that Woodlawn, Bronzeville, and Jackson Park highlands are ...