So I've came across this deal, sort of by accident but I just can't pass it up. The seller is extremely motivated. This will be a Sub2 deal if I can figure out how to actually do it. The person I've been speaking to i...
Hi all - newbie and first time poster. I will soon be facing a scenario in which I'd appreciate the community's input. In 2015, my girlfriend and I purchased a condo in a hot neighborhood of Chicago. To get technical,...
I'm interested in purchasing this 4 plex in my area. Its a 4 unit building with two separate addresses 5812 and 5814. Each side has two 1+1s.Here are the numbers.The owner is has them on the market at $139k each. Sh...
I am looking to start my business by building an ADU on our property to use to host AirBnB guests. Are there any resources I could access that would give me a roadmap to follow to make this an efficient process?This ...
I am about to sell a rental 3-unit property that has had a good bit of depreciation of my purchase price + the depreciation of the improvements I added, new appliances etc. When I sell the property I am I responsible ...
I have been trying to stick with 30 year fixed but I am starting to consider a 7 year ARM What do you guys/gals think?
Been listening to the RE podcasts and now my father and I would like to partner up and buy a small multifamily in PA for less than $100k. I am very able to renovate and do landlord type fixes. We are very new to inves...
Let's say the economy goes down. How does this affect the wholesale business (of single family homes)? If the economy turns down, then more people would be facing foreclosure and desperate to sell their homes, right?C...
Deleting thread - See link below instead. Sorry for double post.Automatically Eliminating Criminal Records? Not so fast, says HUD
Hi! I would like some help. Last year was my mums first year being a Landlord. Now we are both trying to figure out how she properly files taxes on her rental income. Initially I was telling her to treat it as a capit...